RE:RE:RE:RE:RE:RE:I'd like to direct this to Shedrills... The port has no value to cgx if it doesn't have the money to build it.
Can they get a loan to finish it? Otherwise it depends on them getting cash - which means a farmout.
I don't know how people can place any faith in it- It's been delayed for 2 years now cause cgx is broke. If Wei doesn't hit, there's an open question of whether it will be finished and operational before one of the big boys comes in with a much better port. Abu dhabi and other arab nations have been talking about it with brazil and guyana for quite some time. Actually this may cap the upside to the port regardless