Yeah I really have the feeling that Shell will go with this and end up excercising their option...dont want to get into share price predictions but cant imagine this being lower than 20 cents if Shell do excercise their option..although some of it will depend on follow up actions ie: exactly what the spud date will be..
If they excercise the option and at the same time commit to start drilling before November then it wouldnt surprise me if we saw 40 cents...mind you I think the planets would need to be fully aligned for that to happen.
Yeah I really have the feeling that Shell will go with this and...
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