Cheer Auto, good to have a stock (DLS) actually do what you think it will do! (for a change haha).
Regarding FID, ok, that makes sense. Slightly off topic, I was thinking about SXYs recent attempt on AWE. AWE does indeed have large 2P reserves, however, as you pointed out, to develop will cost hundreds of millions, even after they carry they received from Santos. ROC has mitigated that issue with the funding deal they have.
On my rough estimates, ROC is sitting on EV/boe (2P) of under 11.
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