Scepticism Unwarranted12 Nov 2025 18:51
Lots of tired holders bringing unneeded scepticism.
What people fail to realise is that MAKO is the 130m mcap Ausdollar Conrad Asia's marquee project, theyre hardly going to send it to farmout with a whimper. My main concern is a placing AM to coincide not a bad deal, no deramping here as market is closed.
I suspect a very good deal, as the farmout partner only has to get a proven resource out of the ground. The product is pre sold at a premium, pipeline funded, and gas quality near perfect.
The fact the deal is imminent after the buyer (indonesian gov) signed terms to build a pipeline friday is no coincodence. I suspect a chinese partner.
This is all commonly available knowledge no ramps