Plext agree totally there is noting not to like in the report.
From a technical perspective things continue to move up the curve in terms of lower cost/improved well performance/understanding of the reservoir. These results continue to show the forward performance forecast is achievable we just need the additional gas collection infrastructure and customers both of which should not be an issue particular once we are post ODP as the local partner is far more incentivizes to get things done.
I see no issues on the delayed payment TIC and was always going to be an issue as we get to ODP - we may get similar with SJB also !. But despite all the zig zagging the cash will arrive that's how China works and SEH and investors will understand that. But hey look at the margin per mmscf that's rather impressive for anyone.
Add to My Watchlist
What is My Watchlist?
