Thanks for that shrewd
I wouldn't have known, seriously talk about captain obvious
If shell make a discovery does that mean we will be valued as a producer, of course not, paltra could be up to a dozen years away from production
Look at the browse assets for example, how many years ago were they discovered, they are looking at a 2020 production schedule
Face facts if a discovery is made at paltra it will be monetized one way or another by oxx before any production.....
LNG projects are extremely long lead
I think oxx is an interesting company, have followed for a long time and know it quite well, I am not a holder however. I was just making the point that linking a discovery at paltra to valuing oxx as a producer was extremely misleading given the huge time frames present....
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