As expected, nothing this morning in the way of an RNS, so assume that tonight's webinar will be a same old, same old.. perhaps "on the cusp of" instead of finalising! π€
Does anyone know if there is anything in the agreement with Timor, that Sunda need to keep a certain % of the asset despite farm outs/funding etc?
Just wondering if the intention is to get the best price and divest (going to other opportunities), or keep a working interest and revenue stream going forward?
RE: Sunda Gas and Pacific LNG brief on project development14 Aug 2024 18:53
I think that apart from the amount of LTHs, people are generally waiting for the results of the drill coming up. If positive it will multiply several times from the current level, if not it will stay in the doldrums until the next big prospective find.