It is extremely unlikely that the companies facilitating Queensland’s giant LNG projects would push ahead with final investment decisions, risking billions of dollars, for less than certain results. Costs may rise if additional wells need to be drilled, but with two huge basins to cover won’t hit success every time.
might explain why SXY is taking it slow and steady!! Let the big guys work it out and profit from their experience ;)
Tony.
SXY Price at posting:
85.5¢ Sentiment: LT Buy Disclosure: Held
