Cyclones are beyond WPL control. Burrup hub negotiations (to pipe line gas from Browse) is just a concept, very long way off a decision. I dont think SP appreciation in recent months actually relates to the conceptual Browse pipeline to Karratha (Burrup) so if the negotiations there take 5 more years or 2 more years it is not material to current SP movement IMO.
If pressure is $800M revenue in a qtr instead of $850M due to cyclone induced production shutdowns then I can live with that.
FAR Price at posting:
8.5¢ Sentiment: None Disclosure: Not Held
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