Yea Nervous what do you reckon about that
Slap of the wrist
US$500M on the neck
"...a further step in securing funding requirements.." for APLNG
ORG could bid the 90c to slap the Santos around the head
Santos says ratio increased to 0.06882
ORG falls over laughing but offers 92c
Santos consults its Gnomes - DK it is too much for Santos to bear , we cant win against the might of the ORG !
So Santos walks away from ESG and sells its stake to ORG for 92c
ORG then because of its huge funding requirements sells down its stake in APLNG to a new LNG customer and covers for its ESG outlay
Looks good ? gets a large amount of gas in NSW - sees off TRU Energy back to its kennel
ORG does a capital raising ? and around it goes until Karen Moses reckons there is enough money in the trough
Good to be an ORG holder - more "cheap" shares on the way
Cheers
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