06-04-2016, 05:19 PM
The adequate floor removes CVR value uncertainty. Someone here in the biz mentioned that resource evaluators can have a +/- 5%–10% wiggle room, sometimes depending on their client. TOTAL is the second largest gas company in the world.
Wait Stavros. Are you trying to suggest that OSH should actually PAY for (PART of) their interest in TBR (after their deal with Total.) Never mind Wahoo, other critters and extensive, expensive seismic studies identifying 40+ promising prospects over some of the rest of the 3,500,000 acres...etc.?
Now instead of OSH and Total getting a smashing deal, IOC shareholders get a fair and acceptable deal.
I don't know about you, Stavros. Or am I just feeding the dragon :-)
God help us!
for our cause