quarterlies out, page-6

Well that is partly true (and already known) but also they paid off some of the FSPO install costs up front rather than pay higher costs of money to pay them off over the rental period.

And $100m debt facility doesn't equal $100m cost over run - although I'm sure Marksman will tell us otherwise.

A fair bit of thought and effort went into the qtrly. More than the normal spiel.

Do they really think they have a hope in hell of first oil in August??? They say they do but with Front Puffin leaving Singapore early August with Sea trials first and then a two week sail to site, I can't see it.


Anyway - I'm happy

Zinc