stumpy is correct

I won't spend too much time on this. But Stumpy (and Monsters) are correct.

- Expect a deal to be announced with the Japanese (Marubeni).
- Such a deal allowed for that market constrained 2C figure to be upgraded to 2P.
- Higher reserves justifies a (planned) LARGE increase in acquisition price by Santos.

Don't book non-refundable airfares to Sydney. Not needed. All this was planned from the beginning.

- DC flies off to JAPAN, WITH SANTOS. (wouldn't this be grossly inappropriate conduct given DC is supposedly selling the company with no value accorded for LNG? ... unless..?)
- ESG continues to pay for work on LNGN (even though Santos says they will sell Kooragang Island). Funny behaviour (if ESG really needed this SoA, wouldn't this imperil the deal with Santos if Santos didn't approve?)

If you want more money, you need higher reserves. If you want higher reserves, you need an LNG customer (see the JP Morgan report for values on a large LNG deal). Do the above, you get both.

The SoA is a means to an end. Nothing more.

Yaq (going back to work on his suntan)