re: chinguetti, what will roc do? ROC now with only 3.2% of Chinguetti and Woodside with less than 50%. What are the odds that WPL will offer to purchase ROC's share of Chinguetti?
In my view, if they were to, ROC would probably accept given ROC's 'sensibly contrary' philosophy - if the price was right (a premium, given the majority control it would again hand to WPL). I imagine however, that ROC would want to continue holding onto all their other Mauritania holdings, at least until they're much better proven up.
Cheers
OG
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