STO 0.73% $6.78 santos limited

Take over Target

  1. 2,182 Posts.
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    Wishful thinking and somewhat lacking in the understanding of risk/reward and time horizons in the O&G space. This may be due self interest of speculative investments.

    Do you own BUY?
  2. 5,617 Posts.
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    Don't like deep water personally. We already have a pos in the Gorgon Basin last I looked...can't beat that far as I know. Rest of the internationals there as well...kind of the Rodeo Drive of gasfields
    Think we have plenty of breadth with existing holdings for the present
    Like what they've been doing...focus is on reducing production costs and debt reduction in a cost prohibitive O&G macro and thought last ann. very good.
    Sooo....basically thinking...get the 1.5 Bill back from the price gouge on the gas plant and steady as she goes...
 
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