When you consider that the initial farm in for the 33 percent was for $6m USD I think, the sale price appears somewhat underwhelming given the progress made on the project.
The Chinese seem to be on the backburner and hard to tell how it all really is, but certainly would have expected more back in the day.
The circumstances of this being forced have really limited the price obtained.
Not long now until the TPD chapter ends by the looks and then there are only two Perth Basin focused independent gas companies on the ASX.
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When you consider that the initial farm in for the 33 percent...
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