I have just read a newspaper [respected] article which has looked at the fracture of the EU from a currency and commodity perspective.
Re GGP - my suggestion is that because of the depression which will follow, this fracture, oil will fall to $55pbl.
I must assume, and hope, that SG and others, have some strategic thinkers on board - maybe this is why he has talked about CR, when it may be that at 100pbl it is self-funding, also which is why, he uses a slighly negative $80pbl for future cashflow.
GGP Price at posting:
2.0¢ Sentiment: LT Buy Disclosure: Held