RE:RE:WaitingKensho
I certainly agree that leaving Gdansk followed by a successful hook up and first oil is key here.
I also agree that a takeover would be more likely once FPF-1 is on the move.
I think we would make more money longer term if Ithaca stays independent, but the more immediate takeover gains would also come in handy.
If Ithaca sold on either FPF-1 sailing or first oil, what do you think would be the sale price would be at that point? I know that this question has come up before, but the medium term oil price outlook is slightly more bullish perhaps now. My own view is that the Ithaca should not sell below its current Tangible Book Value, but I am unsure as to whether this assumption is realistic or not. I would be interested in your view.
Doug