Osaka have previously said no to the 3 year extension with Shell. Can't see that changing unless that deal is rewritten.
I agree with the comment(s)that Chinese new year now looks like end of March when we also get a reserves update for LT. All we need is an update on the litigation for more +++ spin.
The shareholder update read like NSW ALP spin in its dying days and was met with similar derision.
All the best to holders but I no longer believe there will be a positive outcome to these negotiations.
Ann: Shareholder Update , page-25
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