Repsol must really believe in that prospectI mean, 3rd hole with first 2 non-conclusive. That is what a $50 million gamble?
Then how much they paid for that 50% stake in the first place? You would think that VP of exploration would have pulled the plug by now if a low odd discovery in a $50 oil environment.
How much could be worth per share the Thai operation alone now with recent results and more potential?
Cash used to be around $1/share but, some is going away with 3rd well in Indonesia.
Anyway trying to figure out how much per share is priced in for Indonesia?
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