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KastinThink some of us are looking for more than 10c if Palta...

  1. Grizzle1
    1,578 Posts.
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    24/03/13
    07:10
    Post #: 11579246
    Kastin

    Think some of us are looking for more than 10c if Palta comes in.

    Even leaving Palta out, which was AFC Ambrians approach to 42c "success" value in Seychelles, with 5.3c current fair value, again excluding Palta.

    Who knows??

    My guess, if it is positive on the farm out would be Shell. They got a bloody nose on the Cove bid and a significant Seychelles programme would put them back in the park. Interesting to note that they havent been bidders for any of the Mozambique farm in bids to Anadarko or ENI.

    Cheers

    Griz.
    QFY Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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