senior appointment adds stature, page-13

h,

unfortunately that scenario cannot eventuate.

the underlying value cannot be revealed until an offer is made - this would confirm that Santos wants (to make money) ESG for its reserves to supply GLNG. Along with this comes the associated value as well.

none of the CSG takeovers have really happened at small 'premiums'. there appears to be a fair degree of market surprise involved - which is probably reflective of the risk that most people see with the industry.

Santos has several targets on it at present for being a $18+ company in a short space of time. thats something to gloat about and move forward with confidence.

Cheers,

SF