Good points Bello. As it all stands now, is not how we will stand when the sale offers become formalised. There is a little more to do for now until it is for sale and i dont subscribe to the speculation of August/Sept deadlines for the expected event for that reason.
The outlook odf how it all stands when the company is formally up for sale -
IMO, the loose ends will be tied up and we will stand in a far better position relating to in-ground assets, potential assets (THE drawcard)k, production volumes, flow rates, rerratings, better cash position and a couple of cash flow positive quarters.
Until then, i dont think it will be for sale.
Completing that processes - IMO it is acheivable this year.
The only obstacles will be unforseen and of course overcoming them will be paramount if we to dress her up in her very best for her sale.
Be prepared for Murphys Law however for if you are not, you are not being realistic.
All that said, has anyone DIRECTLY asked Jeff or Peter about the OK Dutch Auction? If so, were your questions unanswerable? Will be interested as ive been too busy to call.
Im not sure that the US Gov's attempts to passify the credit woes of Mac and Fanny will have any effect on the market tonight and that US markets will fall again, perhaps all week by only 20 - 30 points each night...what does everyone think?
With that, tonight I beleive POGas and POOil will both increase (by between 30 - 50cents.
Watch the Banks/Financials recover modestly next week...
Cheers.
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