Pleasing to see the moderator remove unrelated, political rhetoric... bit rough on Old Man Tuke I thought .. but we move on ....
On the subject of GEV and the Iran Nuclear Deal (IND)..
In the event that:
- all efforts to renegotiate fail, and
- economic sanctions are reimposed on the July 11 deadline (effecting the broader Iranian economy - the forthcoming 12th May deadline effects oil primarily), and ..
- there are no exceptions made (exceptions are possible under the IND)
all of which is very, very far from being certain ...
then I am yet encouraged by an incidental remark made by MB at today's webinar ... he said " ...there are other sources of gas in the Middle East ..." While (probably) deliberately vague, this suggests to me the existence of a Plan B. Way too premature to speak it out loud. Indeed, I genuinely believe that it will not be necessary; there are now too many international, commercial entanglements and too many serious players involved for this Deal not to survive, probably in a renegotiated form. As a GEV shareholder I am very comfortable and bullish.
Pleasing to see the moderator remove unrelated, political...
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