We should forget about Santos. It's a dud company in my opinion and doesn't have the smarts to get a world class resource likes ours to market.
I reckon sto is struggling, and will not be surprised if it misses its FID on Gladstone. If that happens its sp will plunge. I reckon it could be under $10 early next year.
No, our hope is with bigger fish - a company with the proven track record and brains to get LNG out of Gladstone.
I looked at investing in sto a while back - but thank goodness I didn't. Would not touch them with a barge pole today.
ESG Price at posting:
80.0¢ Sentiment: Hold Disclosure: Held