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the turkey assets for sale, page-2

  1. 29,101 Posts.
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    I dont know exactly what the production life is for Turkey Dargie without further exploration success,but i dont think theres many or any more prospects left so further exploration and upside may be unlikely.Unfortunately i think turkey may be a case of producing until it becomes uneconomical presumedly sometime in the next 12 months hence the 2011 timeframe. So i'm not confident at all of them being able to sell it. They may have had their chance to sell just before production started and then with the disappointing results, i think that opportunity was lost.
    So imo opinion they wont get anything for Turkey other than about another years production , perhaps another $5M or so, hope i'm wrong.
    Calauit and the rest of SC50 i think they can sell.
    C
 
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