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Agree it is at this stage conjecture, but imho there are too...

  1. Frogster
    578 Posts.
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    01/10/14
    06:01
    Post #: 14053716
    Agree it is at this stage conjecture, but imho there are too many pieces that fit for it to be worthless. All I'm doing is sharing a thought process. Time will tell if there's any fire beneath the smoke. I'm not sure I share the view that we should/would be in the mix for deep water exploration - we just don't have the balance sheet for it I.e. only 20% of what shell spent on palta would have been some $30m (from memory). Not that really would kill us.
    QFY Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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