It's coming..., page-238

Hot,

The chairman has indicated that they will buy if the PE is successful, so we can rule out a deal there. The only time a deal will be done will be say now, before the debate possibly and definitely before the decision is handed down; then it has to be a bl@*dy good one, especially when FAR at this stage is very confident of their case.

A full carry to production plus 5%?? Even that at current prices of say $4/2C barrel is only value at $428 mil. A lot less than the $500 mil that was thrown around 6 months ago. I suppose that can be the discount for a certainty. That'll give you the 15c you re looking for or a bit more.

So what are you thinking that the deal might be?

KKW