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Overheard in Paris:
"Disaster !! How can we explain to shareholders that we are stuck with this" hot potato "project? Get a rose on immeditely phone !! Now we need to construct a plant with obscene profits .
"Catastrophe !! Comment pouvons-nous expliquer aux actionnaires que nous sommes coincés avec cette «patate chaude» projet? Obtenez une rose sur le téléphone immeditely !! Maintenant nous avons besoin de concevoir et de construire une installation de production et engranger des profits obscènes pendant trente ans !!
Rapporte juridique que ce est un événement important !! Rapide, ammend présentation transcription et les diapositives de jeudi."
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Here's a proper translation
Disaster!! How do we explain to shareholders that we are stuck with this 'hot potato' project? Get the pink one on the phone immeditely!! Now we need to design and build a production facility and rake in obscene profits for thirty years!!
Legal reports that this is a material event!! Quick, ammend Thursday's presentation transcript and slides.
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Downtown Houston being cadroned off empty buildings everywhere . Oil will never bounce will stay here for years . Heading price wise to zero . LOL
Some will be quite surprised to see a Super Major use ROI models and only fund the highest ROI projects . Now when considering country risk and ROI which project has the best expectations???
Huuuuuumm.find out tomorrow .
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Total's cash equivalents are up year over year $5 billion with $3 Billion more asset sales to close this year .
