Squid,
Even if it was still 5 years to first oil, you are ignoring the valuation uplifts with the milestones, eg when Dorado goes FID, and if/when Pavo or Apus are successful. But by all means join Windsor’s handwringing glass half empty club. This is a game for the patient and resilient.
What about Dorado has changed for you in the past week?
EL
Ann: Pavo-1 and Apus-1 Drilling Update, page-60
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