re: Ann: Letter to Class B unlisted option ho... My "take" on this is:
1.) If punters thought they may have some sort of a share of 5 billion barrels of oil...say 5 billion barrels x $80 per barrel = $400 billion!!
But then the punters realised they only had 1 billion CONFIRMED barrels = $80 billion...they may not be too disappointed!!!
2.) But my gut feeling is this...if Steve Noske spends $90,000.00 plus of his own hard earned money buying WHN shares in the market...why would he do this 2 weeks before he theoretically may have to announce to the punters that 5,000,000,000 barrels of oil may have disappeared!!?
3.) So at his stage GW...my logical side says to me...maybe GW is still dealing with Bos taurus faex!!
Cheers
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