Appologies for repost but HC chopped some of my text i'd used around SUITOR A:-
Hey Yaq,
>Kasper, do you think MCC's non-payment is related to Marampa, and/or Cape Lambert South?
I'm purely speculating here but if say SUITOR A and MCC came up with similar bids then because of the experience with MCC then the logical sale choice would be SUITOR A... which puts MCC already at a disadvantage. TS would be mad to get burnt twice so to speak....
What MCC may do at this point is to offer a resolution to the $80m dispute along with a marampa bid to help sway TS. They could even offer less for Marampa than other parties but with guarantee of the $80m might just sway the deal their way (which may also include Cape Lambert South too).
So, yes i personally see strong merits in this argument and it will have obviously crossed MCC's minds too. I think we are both on the same page so to speak...
This post is pure speculation on my part.
Kasper
- Forums
- ASX - By Stock
- CLE
- reminder
reminder, page-6
Add CLE (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $11.46K | 11.46M |
CLE (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online