I've been reading about how explorers are going to fare in this new credit starved environment. Tui where do you think new captial for development and exploration will come from for BOW? I note Directors have been buying a lot recently, is this part of a strategy to instill confidence in new investors?
Or will the Santos JV provide leverage?
Tui what do you think BG's next move will be? Perhaps they wil tie ho for the next 6-12 months for the 'dust' to settle?
I also note that the silly Emmissions Trading Schemes won't be gaining much traction in this current environment, Woodside CEO calls it DOA. Obviously good for CSG, even though its slightly cleaner than coal.
Interesting times.
Mr D.
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