Ann: S&P DJI Announces March 2024 Quarterly Rebalance, page-34

Blade
did you listen to the interview posted here. Pure don’t place a value but basically say Mahalo on its own can solve the east coast gas problem
They also say compared to Narrabri it will be 30% cheaper to develop and produce more gas. The call it a huge strategic asset
lastly since this interview Narrabri have been slapped with an other injunction from the radicals. Given GLNG is so important to Santos and very short gas there is no doubt they want and need Mahalo including the east and north that has significant upside
The interesting part of that interview is the overseas interest for fossil fuels with Pure being approached ( for coal )
I think Mahalo is valued at between 45-50c . In a competitive bidding process it may get there. If Santos is the sole bidder 35-38c
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