15,000 bopd from beibu gulf, page-11

Hi Oracle,
It would appear that Macquarie falls into the better class of margin lenders as current lenders with PSA shares as security do retain their LVR50% on those shares.
Although we've probably dodged a bullet as regards a placement given another two month delay with Main Pass drilling - unfortunately that means no good news coming anytime soon so the shares will probably drift aimlessly for a couple of months.Can't imagine those skimpy onshore Louisiana drilling results will move the shares.