Ski123: What is of concern to me is that CVN will now have to find more development money than originally planned , which was intended to come from the development of stage 1 with Oil first. pretty obvious to all I suspect but I see two alternatives going forward, 1. Sell a bigger chunk of the assets than originally planned, and /or 2. Borrow more if they can and likely hit us with another CR to boot. Selling a bigger chunk and doing a large CR will naturally dilute the share value more. Ah! well, as long as they can get the cash needed, I guess we could see FID announced sooner than later and conceivably, we could still be up and running before 2028 as mentioned in the Santos Report. It will be interesting to see the amended plans when they are released. IMHO and DYOR Cheers!
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