RE: Big RNS. I did say 0.10p+ this week and that's where this goes. 16m shallower discover and taller column. JV $$$.16 Apr 2024 08:54
As said for 4 years, our biggest kickers , only just starting to fall into place, Market has valued our gas at sfa since day one as a result of the area's history. That's about to change , with MONETISATION paths and permissions denied for two decades about to restore value to long stranded gas fields.
Sunrise resolution, would be a biggy, Woodside 34% of Sunrsie 5 tcf on its books currently at $0.00c, when it use to be hundreds of $ millions, marked down year on year , until about 4 years ago (sun on care/maint since 2004) that last mark down was from $178m to zero.
Likewise TL/China TL/OZ building the Gas/LNG facilities at Metinaro , Beaco/Natarbora, or giving us a first ever YES to another option.
Area stalled for over 20 years, now we are preparing to drill an asset previously owned by a Super Major Shell, then you have ENI and Santos who never left with the Majors, stayed but did ZERO, now also gearing up for new exploration, Meg at Woodside doing a massive U eee on , TL onshore processing of sunrise production.
China , Japan , Indonesia , Brunei, Kuwait , Qatar ALL offering help, funding/build infrastructure.
This is no longer a JPDA force majure impasse area, above all say its BACK IN PLAY, we lead the way, with our CH2 Drill, much more to follow.
In the past , expected spikes and poor reactions to news, should no longer be the case, our company news should merit some rewards, on progress and upcoming activity, real value of gas volumes etc. 🤔
Mr Market will catch on eventually 🙄🤦♂️