Tell me about JAWS, page-144

I am saying forget about it because we have discovered something way better.

JAWS is a pioneering play in every sense. It may well work, I don’t think any of us know that yet including management. They would likely be looking after it as best they can and hoping that eventually it will build to material gas flows.

It may well not work. If so does it really matter so much anymore when we have a much better play in the Perth basin.
The economics (even with lower WA gas prices) are still a LOT better for the PB project than the cooper will ever be.

As I said I don’t think anyone knows if JAWS will work. When I say forget about it I mean with reference to what else the company has going on.

We are extremely fortunate to be in a position where the original main project is now not even factored into the company valuation, large investors are not looking to it for any future value addition, and we have an amazing discovery in WA with much more to come from the surrounding ground.

I am crossing my fingers for jaws also. But I am happy to forget about it as we have a much better opportunity.

AND, I invested for the eagle ford shale play, and partly Cooper originally !
You have to be able to see there are better opportunities and move on with them. We now have a major play that a lot of other companies could only dream of having.

IMO