any further updates ???, page-17

The SP should not hit 3c, maybe high 3s in the panic, but remember other posts on here about where Shell did their CSMG test, they may not have even covered all the major prospects. Also, their strong cash position should cover to 4cps.

My prediction, for the sake of rolling the dice, is they announce that there is gas there, but not enough for them to take up the investment now due to economies of scale and current strategies (blah blah) the SP rises to 7c-8c, then its up to FAR to find another farm in partner, and get the extension on the land from Govt of Senegal.

Good luck holders