Still no update on FH? Strange....It's been a month since ConocoP threw a monkey wrench in Suncor's ambious plans AND still NO revised deal from SU mgmt on Total's FH interest? I mean it should be THAT complicated or take THAT long for a "revised" deal with revised terms which ONLY include FH. Unless Suncor got blindsided once again & Total are making life difficult & challenging by playing hardball. Makes one wonder if Suncor mgmt even knew wth was going on right under their noses, on home turf, as it seems there was NO Plan B and therefore no contingency or clauses in the initial deal, incase Surmont fell through.
I guess it's back to the drawing board for the Suncor Team and coming up with an actual Plan B this time around. Maybe it's reccommemded they also prepare a Plan C & D ......just incase gthey fail once more. Anyone think that Suncor could manage to get the Total folks to submit and agree to something "mutually beneficial" to both companies without Suncor paying an arm......and maybe also giving away a leg or two for FH? I mean really, this should have been ironed out already if it was straight forward.....or did Sucor overplay their hand and were just obvlious, blind to so many things?
I don't care either way really as i'm not a holder of the company's stock, but i think folks that are nad are in for the long haul, should pay carefull attention to this development.
GLTA