Many moons ago Beach was in the same position we are in now. They are now worth $4.5Bn (2.3Bn shares on issue) at current prices. If, and it is a big if, both projects become commercial then who is to say we can't end up like Beach? I read some IPO stuff on HC talking about 9Tcf as "elephant country" that puts our 11Tcf In SCBGP in the same category. In the meantime, I will take 10c my breakeven point. Ox.
Ann: West Erregulla 2 Update, page-51
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