That's a real possibility - and if brewing which could V shape...

That's a real possibility - and if brewing which could V shape recovery the sp.

I still think if the boundaries of the original pilot level scoping has widened - they can officially say that. Even with the Potential Jv not named , but as a dimmension of the change .

It's really about size . A pilot plant vs a full plant. Jv partner contribution or buy in stake does change our capital requirements , while our ownership of operational profits will shift as well.

So there would be two shifting ends of the lines in the sand - capex V opex margins .

Anything to lift this fog will give support.

All I know is that at cough cough 23 m mc - and potentially a big slice of Guyana the market is just not focussed .

What price do you put on disruptive ag?
What price on Guyana ?

Are they worth 11m each ?

Sellers - Perhaps it's just cashing out on an overheated market ? Baby out with the bath water if you don't take a good look.

If the markets take a good correction - many newbies won't have experienced - but there is another side of the storm - see XJO 2006.