HDR hardman resources limited

Hi Hardmano,I'm not quite as enthusiastic as you in regards to...

  1. xmagx
    2,077 Posts.
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    19/02/04
    17:22
    Post #: 390600
    Hi Hardmano,

    I'm not quite as enthusiastic as you in regards to the price but agree in terms of much needed capital for this years drilling campaign. I believe that BG have got themselves a bargain with future strikes likely to lift total reserves for the area into the 10's of billions IMHO. Fact is HDR needed funds and this is the best way to go about it. I believe we may see a repeat of the ENI transaction with JV partners pre empting the sale.

    Good Luck all

    Regards
    xmagx
    HDR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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