Page 27 of the Fin Review today - update on the proposed $200M sale of Santos Stake in Evans Shoal to Magellan.
The refence is hear ( but I think you need subscription)...
http://afr.com/p/opinion/santos_sale_hinges_on_russian_billionaire_5AMvIESBO1EBPnYmlQOj5H.
An extract from The ARF says ..."the proposed $200M sale of Santo's stake in the Evans Shoal gas field north of Darwin hangs in the balance just days ahead of the deadline to completre the deal"...
IAM 1st noted potential opportunity for MEO (on his post 30/12/2010)
Will be intering to see what happens if the Magellan /Santos fail to finalize the deal ?
Any thoughts would be appreciated ?
DYOR and good luck to all holders.
credit suisse on board now, page-33
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