FAR 5.10% 51.5¢ far limited

DebonoNo worries and pointless to go round in circles. I do not...

  1. 521 Posts.
    Debono

    No worries and pointless to go round in circles. I do not beleive that the vessel will have started the survey by 15th May.

    When 15th May rolls round and survey has not begun just take note and perhaps use it for future reference when guessing time scales in the oil and gas industry.

    Reasons:

    Unlikely vessel will finish in Norway on time
    Unknown weather conditions
    Refuel and resupply stop (at least once)
    Possible need to recalibrate survey equipment
    Possible mini refit needed if going from Cold to Hot Climate
    Paperwork to be completed
    Chase boats and other support vessels needed for the survey

    The start date is irrelevant anyway in the big scheme of things I just wanted to highlight how wildly overoptimistic the May date is as per your original statement:

    "I agree that the share price will trade above 8c before announcement from Shell. Shell could easily announce by end of May"

    Peace anyway.
 
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