massive news, page-28

OBL gave away an awful lot for seemingly not very much money .

I think OBL are looking on this as a down payment by FMG which will lead to much more substantial investment a couple of years down line once the acreage is proved and transaction values have risen .

OBL evidently wanted FMG more than any of the other prospective partners .

OBL have recently proved that a relatively mobile drill unit can cheaply drill holes .

What has surprised me about unconventional exploration outside the US is that more big energy users like Alcoa and FMG have not stepped up to provide funding and in return secure future supplies .