Thanks SpinX.
Good results will DEFINITELY do that. But Dave also makes it abundantly clear that a good deal is also reliant on production costs, which rely heavily on rock mechs and flow rates as well as frack requirements.
Another major factor is where the poo is headed. If its back down then the deal may not be nearly as good as we might hope for. Much will rely on the break even per bbl.
He clearly communicated to me (via email a few months ago) it would be at least a few months before a deal might be done because of the complexities involved as well as what happens with the poo. They need all the numbers in to be able to even start to think of sitting down with anyone, which they havnt quite got yet with the Rock Mechs reportedly still being worked on in the lab the other day.
d.
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