They aren’t exactly short of a few Bob
July 29 (Reuters) - Australia's Origin Energy (ORG) on Friday recorded a 64% jump in fourth-quarter revenue from the stake it holds in the Australia Pacific LNG (APLNG) project, helped by a surge in realised prices for liquefied natural gas (LNG) and oil.
The power producer's revenue from APLNG, its joint venture with ConocoPhillips and Sinopec rose to A$697.1 million for the three months ended June 30, compared with A$425.2 million a year earlier. Origin currently owns 27.5% stake in the project.
I imagine they need the extra time to caliculate on their abacus whether it’s just cheaper to buy us out for Yatchy’s 30c and flush Ungani down the gurgler.
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