Dexter...way to early IMO for post mortems. ME still has a the opportunity to get this deal together, so up until the 23rd of November (longer if he ops to), he still has the chance to go one up on Wolfgang - time will tell.
As for Shell laughing at the bait it wouldn't be the first time they left good bait on the hook. They liked the look of it enough to spend $6 mill on a CSEM survey & I couldn't see them laughing when they handed over $3.4 mill to FAR. Shell left in the middle of the GFC with record company losses, uncertain financial times for an unknown time & under new company direction from a new CEO.
You seem extremely positive with ADX on the FAR thread & I hope that the primary target for ADX's current drill is not water bearing as the one above for the sake of shareholders. As for FAR though in your last posts you seem to be negative of the GB Sinapa 240 mm boe target despite these Salt Diapir plays being produced more efficiently these days as geologist have a better understanding of their structure using new survey techniques & BP's GOM Macondo well has shown the world they can flow oil.
A few weeks ago you dismissed the Senegal 1 bill boe Giant Buried Hill target & now infer Shell laughed at the Senegal fan plays. Undoubtedly you have a far greater knowledge of Geology than I, so may I ask why you continue to hold FAR as if you're right there's not a lot left on offer.
As ME commented after Shell's withdrawal, Shell have a history of leaving something on the table. We'll find out soon enough.
Cheers
PDYOR
PDYOR
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