Since BHP have been very vocal about the need to slash its operating and development budgets the market has obviously discounted the prospects of Cinco going ahead this year to zero.
The upside of Galoc II is also heavily discounted in the current SP (same goes for NDO also).
The good news from this should see a cap on the downside risk from here and bluesky upside should there be success in any one of the prospects this year. Tanzania (also valued at zero could be a wildcard too ...)
Since BHP have been very vocal about the need to slash its...
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