By the end of next year we would have only developed South Africa Phase 1 and expanded the Mungi Fields. How much cash flow do you possibly believe these two assets will generate?
Australia
What is your ETA on the Gladstone gas station to be built?
How long has mungi been in production for? how much cashflow has it generated for the company? how long has these fields been independently certified?
When is Gloucestor/Clarence Moreton going to be certified?
South Africa
South Africa is quite ordinary.
"At Evander, 50 gas-flowing boreholes were identified but most of these are at very low flow rates. Some are clearly loaded with water, which may be impeding gas emission, while others have been deliberately capped". (todays announcement)
what is the combined population in the two provinces of south africa? what is the demographic here? what is the income bracket of the citizens that live in these cities? what is the demand for gas in these provinces?
Asset could be sold
not interested as it is only a once off payment and should they sell off an asset it will only do harm to the SP. (what asset would they consider selling anyway?)
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