can anyone really see NDO taking over RAI right now? or anything?
NDO is in the process of obtaining JV partners to derisk its assets.
Its not in a super strong position. Hopefully Galoc is on track to start up again and the $ will roll in.
BUT its not as if we have excess cash over next couple of years.
I'll have to do a nudie run if NDO takes over anything right now cause i cannot see it happening.
Jvs, farmin ins/outs, we might receive an offer! all quite possible.
I think sp has strengthened today as IMO we are not taking over RAI.
move on
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