CND 7.14% 3.0¢ condor energy limited

oil oil oil please, page-62

  1. 29,203 Posts.
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    twang thankyou,
    but one point i'd like to make, is if mali was looking to have real potential max wouldnt have had to worry about the
    funding of his share because he could have "farmed out" some of his holding ,the price being the future costs of drilling etc.
    Therefore you could come to a conclusion that eni etc
    arent that enthused with what they've seen to date.(?)
    Another possibility is eni may have decided to push the whole project back a year or two,hence bkps second thoughts and decision to sell.(?)
    Another possibility is they got an offer too good to refuse in view of all the facts ,of course this is the one we are all hoping for.This might not be that unlikely because Mali (i dont know about Mauritania)has significant
    mineral wealth which i beleive bkp and partners have first
    rights over.If we really want to ramp up the wishful thinking ,then if they have been in discussions to sell,well that may explain why the directors have been unable to buy.
    i've tried to ring the office but theres no answer being
    the weekend .
    cheers from varkala
 
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