How can you believe they will lock away a Crux deal by this Xmas. Surely they have to restructure Crux ownership first ( with Shell) break out the vaseline IT , and also get rid of the litigation before they can deal on the underlying asset or whatever you want to call it. Christmas maybe, but can't see it this year! Action plan should be:
Management and board renewal - hopefully underway ( sharholders vote at AGM)
Get Longtom producing and getting paid for gas - ( hopefully soon)
Clean up the Crux mess and stop pretenting there is a liquids project before a revised deal is done with Shell.
Then worry about other one day maybe potential LNG scale assets.
triple jeopardy, page-3
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