RE: RE: RE: the Nexen factorIf you read the year end management discussion from OPTI, they menton in there that Nexen has the right to proceed with future expansions and OPTI may not be able to afford to expand at the same time that Nexen can. My interpretation of that is OPTI would be forced to sell that portion of the reserves to Nexen at a fair market price.
I don't have the document in front of me but I am sure that it specifically speaks to this issue as a risk to OPTI shareholders. IMO it is very likely that Nexen will be ready to expand way before OPTI can generate the cash to be a partner.