Ann: Update on operating conditions and guidance for FY2021, page-16

its been a big year for everything, big moves off low last year on covid and massive rebound from negative oil price , gas price increase

today confirms that the major project aplng cashflow is decreasing still which isnt that great given the age of the project

energy markets, the trading arm basically alot less cash contribution

both arms were expected to be booming hence the massive appreciation from 4ish , so expecting with 1.7BLn shares on issue for some of those long termers to exit

Surely there will be write downs and impairments at some stage to follow


Thats a huge % decrease in expected cashflow from aplng---

what does this do to the expected reduction in debt, dividends in future?

Expecting it to grind lower back to where the covid pop on everything started around 4.2ish - until some clearer understanding of future earnings, which dont seem to be slowly building but wildly volatile.

good luck