is the blackwood delay a good thing..., page-13

hi kk

good post.

yes, we don't know and we but speculate. no offense meant.

if eni walk then what is meo going to realistically do with blackwood let alone heron. i mean seriously. meo are screwed. remember eni played hard ball and made blackwood part of the heron farm in... well 454 is due in circa feb which is the same time blackwood and heron are due... quack quack go the lined up ducks...

so why not eni take it all for a quarter of the price, including TS. Minister Ferguson is very much on the public record use it or lose it. well if it is good enough for the chinese to be buying massive amounts of agricultural land and mines and gas stakes then a foreign owner from europe, i.e Italy would be a welcome change. the resource super tax and gdp are tanking so the govt wants investment, foreign or other to keep the economy moving. to think national firb will come into play for a solution that has stood still for nearly a decade unused is, imho, off the mark.

eni now pretty much own meo right now/ ie have meo by the short and curly-lies, meo's immediate future that is. will eni do the right thing by meo and only screw meo over for a collective heron, blackwood and 454 deal instead of launching a t/o bid. well we will know come 5 feb...