RE: BUY NOW OR MISS OUT!!!! I agree, as we hopefully get closer to buyout of lfd, there has been more to speculate on resulting in interesting discussion regarding what price will be offered?
Some new participants in discussion, or at least new aliases. Vicky has disappeared but now Nicky is offering 2 cents worth like an old pro?
Maysteeler must be on vacation, so at least we are not suffering the constant post about 5000 bopd already discovered.
In end, I dont think sorros will have much impact or control on what happens.
Bharti did not risk any of his own $ to bail out Vast.
And yes the concession will expire next June unless 2 wells are drilled! Anyone who suggests otherwise has not read, does not understand or is a liar regarding psc terms!! This is a fact and all can do their dd by reading agreement on sedar.
Remember also that most likely size of main Chia Surkh reservoir is only 70 million barrels. Company really put +ve spin on reservoir report, but without the Shiranish condensate, without the Shiranish BOEs, without the additional prospective resources in several small bumps mapped by seismic, we were left with a somewhat marginal potential oil field.
Without all the bs promotion, I still think offer will be closer to current sp than to our expert analysts who's numbers are between 50 cents and over $1. If a big bid was looming, I would have expected sp to move accordingly, after all neither seller or buyer has stellar record for playing cards close to the chest.
Isn't it quite ingenious to also now suggest that company never intended to drill a well? What nonsense and this is an insult to all legitimate investors of this company, but a convenient distortion of track record and of past posts ad nauseum by the same poster who now claims this is all a well-played master plan by management. All I can say is DUH?