Hey Woodstock, i think it's more about the proven reserve they have now, and they also mention they have interested parties approaching them to buy the gas.
That Mahalo is a whopper, and as i said about the new legislation going to stop any new development in gas drilling that's if it gets through parliament which i think it will because Hansen young was adamant about it happening. And labor is doubling down on the new green agenda to stop the fires and floods in one session, funny really when you think about it, they have to because of the greens and it's going to make already proven reserve's a golden goose,
I know COI has done this sort of thing in the past, but they are at a stage where it would probably be a good idea for Santos to look at COI and make it part of the company. I'm not sure if that will happen it's just projection on my behalf but isn't the wrting on the wall sort of, and it's begging?
COI Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)