Thanks for your thoughts Stayer. I'm wondering if this has anything to do with the very weak SP -
Arrow LNG has been holding negotiations on potential consolidation with rival LNG ventures in Queensland, raising expectations that owners Shell and PetroChina are moving towards scrapping plans for a $20 billion-plus stand-alone plant to instead join Santos or Origin Energy projects.
Origin chief executive Grant King and Santos boss David Knox on Wednesday both referred to talks with Arrow and held up the possibility of an amalgamation between their respective ventures and the Arrow project.
…Chief financial officer Simon Henry is expected to comment on progress at Arrow at Shell’s first-quarter results in London on Thursday
Source: AFR
Sold off today on minuscule volumes and great buying at these prices IMO. The amount of wells needed to be drilled over coming years is phenomenal and as you allude Titan has many strings in its bow.
AUG Price at posting:
$1.45 Sentiment: Buy Disclosure: Held
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