at the end of the day, we are trending cash flow positive, with a handle on the coat tails of a major Santos Bean Bush, where gas is seen a necessary fuel in the anti coal world of the labor government. Which means that the value of our adjoining formation has the significance that into whatever come commercialization strategy, would potentially realize material significance relative to the size of this MC.
Just sell it cash. Third part investment to drill. JV. etc.
The point is the size of the company under 50m mc, and a NPV of $2.5-5b when de-risked, in part by Santos, but if we drill ourselves, then another step, that you need to dance toward the tangible cashier in one way or another. How far towards that cashier, and how many dance steps we take on that journey, determines the amount of coin that will fill our coffers.
