RE: Just a thought8 May 2022 19:47
"madness to invest in BOD" - I assume you mean 'BOR'? However, many will agree with BoD as well!
Anyway, it depends what you mean by 'invest'. Yes, BOR is significantly dependent on SL getting sanctioned, but once that's done, BOR will benefit from all the infrastructure needed for SL and all the other work done for SL, much of which will provide a template for Darwin and the rest of the SFB licences (of which RKH holds many).
So if you're looking for production and profit from the SFB, I agree you've got a long time to wait, but the BOR sp will react very positively long before that once SL FID has been made and then on to sanction.
World demand for gas isn't going to abate, perhaps for ever, so it's NOT madness to put a couple of bob E/W on BOR and then just forget about it for the time being.