past petrobras farmins, page-24

HeyFred,

I certainly hope the MEO would not have to go through all that Cow Manure before any decision is made in relation to progressing ANY PHASE of WA 360P's progress , especially if they hold 50% of the deal.

Who are we dealing with here?

Jurgen and his able team or the

Brazilian Govt't and their muscle/nuances/timeframes via Petrobras.

Give me Woodside Petroleum /Chevron any day especially after this and other HorseManure delays..A good deal is a quick deal.


Losty: At least it's not ESI :0))))..you r a realist.

PGamble: A burning R'sss is a good reality check especially for the experienced burnt Assseees! LOL!

I will always go for current reality in preference to potential reality..in any circumstance.

In Real Estate Commercial valuation methodology,it a case of the "AS IS" value not the "AS IF" value that buyers and lenders base their buyin or lending price..and only in TODAYS marketplace values and circumstances.

Let us hope we see that TH ASAP..before any more bad news re Debt Crisis' and more note printing.

I better top up the Gin now..run out of Scotch...Bugga!

Hold tight all but be smart...Have a Smartie! :o))))