mou v gsa, page-9

i think you will find that the main difference between a MOU and GSA is that a GSA is bankable ie. you can take it to the bank and they will lend you money against it and therefore project finance is more accessible. This doesn't necessarily mean that it's cheaper but when you are talking about large capex projects the funding element is now de-risked.

As previously mentioned on another post, all other CSG players will be lining up knowing that there is a clear commercialisation path... As the gsa is also with a State owned company you will find that they may also be willing to help finance the project although it will come with conditions ie. utilisation of Chinese made steel pipes, lng tankers and engineering a la BG gsa...

day traders use "buy rumour/sell news" strategy, now that trade has passed, the fundamentalists will move in.

Good luck to all. My bet is on Santos wanting to move in with a view to export via Newcastle. ESG may also put forward their 2P (also bankable)