Post by
prested on Aug 30, 2022 10:00am
Looks like they stole Corib
The price they paid was obvioously based on the assumption that the producing capacity would be short. Now that we know how wrong that wa i wonder if the Nutalls of ths world will reevaluate it. Probably not as that would mean they actually do some analysis. Shame the SP is reflecting a mistaken belief that the energy crisis is almost over. It's not!
Comment by
mnztr on Aug 30, 2022 11:42am
They did, but Equinor needed the capital for Bay Du Nord, which makes Corrib look like small potatoes.
Comment by
The1Wolf1 on Aug 31, 2022 8:18am
With a closing date near end Dec and the crazy high TTF price, it might not end up cost anything for Corib, Equinor may be paying VET to sell it. Wouldnt that be something?