Jem,
For a while i've had similar thoughts; if they farmed Shell into AC/P23 (liquids), then we have all the finance needed for future development or upscaling the total CRUX Project to a possible high cost LNG.
Surely having a big brother partner is a best way of keeping away unwanted takeovers...at this stage of proceedings.
Its a balancing act for NXS, as to how much we farm down, and to whom, but Shell does appear the obvious.
-Could see some action after the expected Reserves upgrade;
-Or after April, if we have a successful 'Libra drill' then closer to a Mega field, as a speculated by 'our recent Broker Report'... this surely would fuel a LNG proposition; then I think it would be.... go well go shell :)
Comfortable position to be :)
Regards....SharpE
afr article, page-9
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