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“We estimate Total could have US$10 B of balance sheet headroom for an upfront deal"
#7

Tree, thanks for the reminder. I reached out to him again this morning & what he said was that while he doesnt know which companies Total could be getting involved with specifically what he did say was he thinks the Asian pacific region satisfies a lot of Total's objectives listed above but that he doesn't see them investing more in Austealia bc of currently already being involved there so that leaves a limited number of places to invest PNG being one of them.
For what it's worth this guy covers Total for one of the major Wall Street firms
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RE: balance - by TxPm - 12-11-2012, 04:04 AM
Re: Total - by TxPm - 12-14-2012, 12:28 AM

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