What VEN have done is a maiden sales agreement which means more commercial producers of gas will be wanting to know what else they have got going on. which includes but not limited to nangwarry discovery which lko has a 50% share. it doesnt immediately effect the share price but because VEN will be on producer raydar means that soon a producer will take up the nangwarry discovery. VEN are cashed up and now have AGL on their books. so outlook looks bright
Buy / sell spread, page-198
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