While anything may be possible,I'm not buying into the rum play. The most obvious reason is,without offtake agreements,whats the point of owning more resource?,its not like their rolling in cash,and could use Argarnara as a resource bank.
The facts are when youve got the likes of Turkey forcing Russian planes to land,given the Syrian situation,it wont take much to ignite a middle east conflict. That Israel is looking at a pre-emptive strike against Iran amplifies existing tensions in the "area". I dont normally go down the conspiricy theory route but is this why we have Samual Herszberg on board now?
Decision by Netanyahu, Barak to strike Iran is almost final — Israel TV
I think theres an inevitability of some sort of conflict in the region,how this plays into our hands as yet I'm not sure of. Need to get the ducks in a row,so we can monetise our JORC and DSO resourse.
Raider
NUP Price at posting:
1.7¢ Sentiment: None Disclosure: Held