Good news imo. The developments in the Cooper look like they will get the lions share of the money and it has to come from somewhere.
Provided they achieve the expected results ( particularly with the unconventional ) , this cap raising should set us up nicely.
Major offtake agreements in negotiation and take into consideration the progress made in Gladstone in 2 years time i.e. world demand for lng , will make this issue look pretty cheap I reckon.
trading halt, page-10
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