H,
I agree, faced with a problem to find finance for +100 mill barrels net - GREAT PROBLEM TO HAVE!
You can't sit on the fence with this one.
You are either a trader - or an investor, now the pre drill adrenalin has gone, there is not much here for the traders.....but some have are still to come to terms with this. They want the quick 100%.....only if it was that easy.......
This is a great growth story happening here, one in 10 year stocks....like FMG, like Hardman.....early days of Iluka etc.
FA can't be any better. To boo, we have the biggest of the biggest in Conoco as partner, the best deep water Oiler on the market.
Then the Senegal Govnuts who see this as triumph beyond just commercial value, this is a great political feel good story.
The stars are aligned, give 6 to 12 months and well be in the 20 / 30c range.
IMO DYOR n all that!
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