GREY:STPJF - Post by User
Post by
JR5on May 10, 2014 3:11pm
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Post# 22547702
Possible buyer
Possible buyerLooking for immediate production, prodution permits in place, goverment on side for expansion of production, safe operating and investment climate, opportunity to become a major producer with guarenteed priorty access to a dedicated market at world price. Turn key opperation available at a reasonable price.
The buyer needs secure access to a source of oil that can meet at least 10% of its countries needs. Immediatly doubles its current production. Must be able to bring product to market by motor vessel. The net income of the buyer exceeds 2 billion Euros per year. Serious concerns about current suppliers due to political issues with neighbouring countries. The home country is on excellent terms with Canada.
There is some urgency for the buyer to make a deal and be able to immediately ramp up production.
I still like the 50 cent target price for the near term.
Cheers,
JR.