What is Talon worth?, page-143

@tt200

Context is really important when evaluating risk in any investment so to your Condor questions:-

The valuation from Condor is extremely impacted by the political policy

• Will they approve permits - there is an existing procedure in place. Walyering was approved via that process. Is there something in particular that makes you think Muchea would be an issue?
• What royalty will they seek - who is "they"? And under what basis would royalties be sought?
• Will there be limits on how much gas must be sold domestically (at capped prices) - this policy is already in place. TPD has no export exemption.
• What price cap will they set? - Again, this policy is in place but I note small operators can apply for an exemption if selling into the domestic market.

. - "The woke left policies cause the worst answers to the above, so much so, that some investors (Mitsui) have decided Australia now carries too much sovereign risk and they are moving their investments elsewhere" So Mitsui are selling Waitsia? News to me. Do you have a link?

Gas isn't going anywhere, WA is a supportive jurisdiction. JMO.