Fairly important, I would have thought. ESG/Hitachi about to release a Feasibility Study into LNGN, a project Santos chooses not to be involved in with their 35%.
Hitachi are also bullish enough on the economics and commercial interest in the project such that they are paying the costs of the study in full. A free, no obligatons quote I guess.
Sounds to me like, (1) the project is a goer, and (2) Hitachi also believe that Marubeni (and others) have a genuine interest in buying in.
Otherwise, Hitachi would be wasting their time and money.
Yaq
ESG Price at posting:
75.5¢ Sentiment: Buy Disclosure: Held