PRL Media/news, page-3149

Appreciate your view @dp4 and like you I certainly want max return for our investments.

To get to a Woodside size behemoth will take bigger balance sheets than PRL has. The big majors are lurking with a view to becoming greener by the day. Note Origins recent sellout as an example.

All in my own thoughts but these big Majors take years to build up a project like this one due to all of the meetings and tape they have to go through with Traditional Owners, pastoralists, local and state governments etc etc.

Acquisitions/ takeovers are common.

They will be eying off the opportunity and of course PRL can say no as many times as they like it is their prerogative, however when the big $$ come it may be too good for the majority to pass up.

Im hopeful but will be very surprised if we go all the way.

As for FFI/FMG they may not even look at it, but it still very interesting that they acquired the land right next door.

Very happy to be proven wrong in due course.

All the best!