Been reading the TEG forum and there's some question marks regarding L7 drill slot?
There's no indication that STX is keen to get involved or has the $9-10 mill in it's budget to go ahead with it or if they even think it's worth the roll of the dice for a potentially small return if successful and want to unload it.
All comes down to how they see the CoS there and if it fits into their plans/budget/core business or not.
Looks a 60/40 call for STX to get involved from my perspective at this stage.
Success at Booth could potentially return 70 PJ (best estimate STX share) and right on MIN's doorstep.
Been reading the TEG forum and there's some question marks...
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