Forgot to mention No 4 project.
North Mantanda Camerron.It was mentioned by Mark, that the block they have is next to Bowlevens ( Market cap of $500m ). The aim is to start negotiations soon with Bowleven to tie up the 2 projects. This will be one of the things Mark will be doing whilst in London.
My take on the set up, is that with the 4 projects on the boil, there is very little downside risk to the sp at the moment, with of course a very huge upside.
Mark is intent on getting as many of these projects up, as quickly as is possible. Its all go at the moment, and we will not suffer the curse of most specs, which imo is lack of progress reports and good news.
Cheers.
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