Dan thanks for all. Too far for me to come to Sydney these days. Notice you have a buy on your sentiment. Is there any AGM takeaway that makes you feel it is worth waiting?
I get the feeling TF might be happy with this rework. The fact that local businessmen are involved strikes me that corruption has won. Shabwah is in the hands of the Moslem Brotherhood and has the road that passes oil onto the Houthi. I would hazard the guess that the Block S-1 deal has oil going to the Houthi (which PSA will miss royalties on).
Oh well.
IMO, Maki might want to be involved with future Block 7 development - which I would think would work for Sh. He has probably the best understanding of this Block having spent considerable time and research - through his involvement with OiI Search and then PSA. Depending on funding from Block S1 this might be the LT prize.
Thanks again
PSA Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
