You need to remember also by this stage in 2011 apart from the rig contract, XEL had $60m sitting in escrow for Rowan, the rig simply had to do something, and you are faced with DECC refusing your FSP/SSP plan?! They clearly took a page out of Houdini's book, give them that!
Looks like someone is getting burned! - lol! I'd say paying for this company to get to production is sensible investing! By the way, investing is when you believe in something and wait for a return, just incase your not sure what it means! Burn baby burn!
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