Supertramp where did the $1b come from regarding CSG? The CSG...

Supertramp where did the $1b come from regarding CSG?

The CSG would incrementally add $34 billion of NPV to the company at the low estimate - $70 billion at the higher estimate, thats NPV only.

John isnt drilling the CSG for no reason. If they firm up the resource, a number of players would more than happily commit to the CapEX for the development of the GTL plant. It is a long range plan for the company which will take years to firm up just to get to the BFS stage hence its a smart move to do now. Obviously oil is the primary target now though to gain monetisation from the package and bolster the exploration program.

I've run numerous figures based on projections and utilising data from the GTL studies and the CBM GTL play could add phenomenal income and value to CTP - potentially $1.5 billion per annum over the 70 odd years at low estimate. And thats relatively conservative (net $35 bbl).
That does not take into account any income from phosphorus as waste etc.