You are correct agent13b. There is a pretty big margin there for them for the pick.
And, Shell is pretty well invested already with the LNG side of things, and if they walk away now, they'd be looking a bit foolish. IMHO they had planned all along that they were going to wait for the right time to get AOE, especially since they waited all along for AOE to do the hard Yakka with the money they received from Shell after selling them the 30% stake in the tenements, and then move in on to them and finish the job.
As I am hoping for the long term investement, (I may be a little selfish here), but I do hope that the whole deal will fall over. Here is hoping!!!!
Buddy
AOE Price at posting:
$4.84 Sentiment: None Disclosure: Held