WDS 0.35% $28.94 woodside energy group ltd

Hold Tight on WDS, page-18

  1. 148 Posts.
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    Seem margin is around 10% if you consider cost of capital, for the 9 plus of billions scale of investment. It is not so great project. No wonder that it could not be started for > 20 years since it was discovered. Pluto2 is gas processing, like a toll road operator, no risk or minimal. Scarborough is offshore development with someone 300 kms undersea pipeline and formation risks etc.
 
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