RE: Desperation3 Sep 2025 20:37
" on what basis so you justify an sp of 3 - 4p at spud"
Key differences now are better infrastructure, more developed market, stronger govt support for project, and to an extent greater confidence this is the start of major project that has the right conditions to scale mid-long term.
A share price at spud that looks forward and prices in potential isnt entirely out of the question.