Donedeal - you are correct IMO. My gut tells me that they are likely to pull of a deal this time around given the structure and those involved. However, it is not looking like a TO (Matt mistakes that the Chinese must own SDL - they dont, same end can be achieved with offtake/infrastructure deal)so then it is a rerating on future income years away. That is why my call of .18 - .20 is a lot less then the pie on the sky post production figures that are touted. The market just isnt geared that way now.
If $1.66 was even remotely close, I would kiss Matty boy's honky ar$@e! he he
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