RE: monatisation12 Jul 2021 23:52
Noob,
Once upon a time a huge gas field was discovered, by a well renowned explorer.
The field was in disputed territory, now recently agreed, and with political common sense, the old honorable guard is being sidelined. New faces now speak the mind of the very young population.
Their money gained from the original field in the north, (which, incidentally is receiving CPR to extend its dwindling reserves/state revenue.) Is a whopping @$16b USD.
JUST ENOUGHT TO KEEP THEM POOR!
With a national "burn rate" (JETKTP) of #1.5b, they have about 11-15 yrs cash in bank. Integration will cost circa 10 to 20 big ones...cash now! (1-9 yrs) Before revenue!
AUS has infrastructure ready, the world now wants gas , more so now than when Shell made the discovery.
Put the pieces close together and you see a picture forming..
Our BOD have done a great job in securing Chuditch. MCAP £8m.
We, are in most part, waiting for TL to reject integration, to move up in SP. It's coming IMHO.
The three P,a are required until end of year.
Gas is rising....!
GLA