In a development case, TS is worth >$1b. Hell it will save >$2b in capex and enable the development of several TCF of gas with no other commercial option!
Than HAS TO BE WORTH >$1b.
Ideally, MEO would sell 30% to the ES JV, for $100million in cash and also do some sort of equity swap.
Game on.
Ann: Tassie Shoal Projects - Value Realisation Initiative, page-8
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