RE:Replacement CostsI think the market fully understands SU was lowballing and that;s not the real value of the reserves and the business.
I think everyone knows SU was lowballing to get long term reserves at short term pricing.
it was a bold move, gutsy I'd almost say and I'm sure some featehrs wee ruffled but business is business and when commodities crash then you have to expect that sharks are circling their prey.
plus you ahve to give SU credit for being in a position of strength during this downturn.
but who will enjoy the sweet COS meat in the end??