RE: RE: RNS5 Dec 2023 12:12
FlipFlop, read some of Passiton's posts, if you haven't already.
We are obligated to drill next year (or extend again) but BOIL don't want to be doing that. We want the current impasse between TL and Woodside to be resolved so that there is an option to get the gas to market and someone will swoop in with an offer we can't refuse. That's why I'm here (and many others). 10% this way or that means nothing!
TL want to use their gas assets to create jobs for TL people and quite right too. Woodside, in my opinion, are playing brinkmanship, knowing that Bayu Undan is end of life and are trying to force TL to go to Darwin. TL have responded through talks with several nations, most notably China and that surely, will make Woodside sit up and take notice.
There has been more movement in the right direction in the last 6 months than in my 4 or so years involved in BOIL.
Just sit tight and ignore the day to day movements.
GLA and DYOR blah, blah, blah!