Don't Panic!, page-57

Ok dr daz so we are on the same page re Blackwood.

We also appear to be saying that a stand alone ts platform is most likely off the cards re both LNG and tsmp, and that the probable outcome might be tsmp as a hub to syphon the co2 into methanol and then send the LNG to DLNG. That is, based on eni's slide pack.

you posted a couple of days ago that you expected an offer for an equity deal many times over that of meo's then SP which was during the ts valuation initiative hype. I am aware of the old and now redundant ts valuation of $0.78 cents.

I repect you ts point of view so just curious to read your thoughts re Blackwood, eni's strategy and UBS' through to Xmas.

your thoughts?

Adl