Adl, thank you for your detailed thoughts which are insightful and possibly on the money.
MEO suggested (maybe BS - always hard to tell with them) that they had several inquiries from parties about purchasing equity in TS. It was discussed on Hotcopper whether one of these parties was involved in the Cash-Maple LNG sale that is currently in play. If so, could such a party provide the competitive tension required to up the price for TS? Also, it would be interesting to know if the TS value realisation sale just involves TSLNG or if the rights to TS-Methanol will be included or sold separately. $125M for TS, Heron & Blackwood would be bargain basement considering all the conceptual work previously invested by MEO, Environmental Approvals in place as well as by the suggested $600/Mt processing savings (@ 3.6 Million Mt PA) vs. a land based processing option.
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Adl, thank you for your detailed thoughts which are insightful...
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