Agree weally, discussed too many times.
Understandable that people are excited, but reality is that we still have hurdles to jump and ...... without ramping either way..... I think my existing comment still remains ..... It is only worth what someone is willing to pay for it.
ATM, I would still be happy for a company like Santos, Origin etc etc to make a bid, but we will not see $4 or $6 dollar bids.
The more likely outcome would be for either a JV, enabling good SP growth,..... or a TO which I could only foresee being $1.50- $ 1.75 at this stage prior to commercial flow.
I do however agree that $4.00 + is possible in the future, but a lot of milestones to be overcome before this level of investment.
JIMO, DYOR.
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