PE/project conundrum...up to Banks and the Govt., page-8

  1. 2,558 Posts.
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    this is a 4/5 year proposition - it really just doesnt matter.

    Lets say the sp ended up at 85c rather then 1.50$

    no one is going to rush out and sell (esp if already held for years) and you only going to know the outcome at decision time.

    If your average cost is under 10c and it goes 8x or 15x doesnt matter and still all unknown/

    Every party will dig their heels in given the money at stake and frankly so what if you need to change operators - yeah maybe challenging but if yu have an extra 100m to spend on sorting it out not really going to be a problem.

    hers a suggestion have a holding in both wpl and Far then u cant go wrong !! Once the sanctions kick in oil will be 100 and wpl is going to 50$ - in 6 months not 5 years
 
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