Personally I am disappointed with this news. Here’s why... If the Santos drill is a duster many will leave here and rightly or wrongly we will likely move back into the 0.3s. Personally I would have liked JB to take advantage of the current sp to press on ahead with welch or champion/challenger and that means some equity. Of course if Santos is a hit all bets are off. But personally would have liked certainty on our next drill
A few well paid execs quite happy to dodder along for the next 3 yrs till the dough runs out. Great acerage brilliant discovery but Falklands out of favour.