Agree with the thrust of your sentiments,especially regarding Macquarie...My own personal opinion is that the word "banker" should always start with a small 'w'..matches their standing in the community.
However, we know that PFC have sufficient capital to cover their funding for the rest of 2012..I don't see any problems at all with PFC financing, as the obvious path for PFC to follow,if warranted,would be to reduce their participation % in favour of Statoil increasing their holding %..
That would relieve PFC of any further financing obligations.
As for BKP,I don't see this matter affecting them at all..
At the end of the day BKP would still hold their existing tneement %'s,albeit with a bigger,well funded,much more experienced, and commercially capable "Big Brother"!!!
Oils well that ends well!!
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