I mentioned this a couple of weeks ago - if the company did not believe that HH was commercial there is no way on earth that they would subsequently buy out the smaller partners. Why would they? Actions speak a lot louder than words and those actions just about say it all.
IMO I think the Kimmerage results could be much better than we expect - reason for SS to buy up all the smaller stakes from Solo et.al. I don't think he would have bought those stakes if he wasn't extremely happy with what he saw in the Kim.
Mullins, I for one appreciate the tanker updates. Its good to know whats happening as much as possible on a daily basis and to know that the oil is still flowing. Keep up the good work.
Auction over. Bid gone. Looks like the downside is very limited though with that major buyer in the background. I'm surprised that he showed his hand like that.
That's great info. Blackgold. I'm very relieved as I was starting to think that there was some sort of agreement between the Zubairs and the Tanz. government to screw aex in order to pick them up cheaply . Very relieved. Well spotted. Think I might average down now.
Strange that Investec - the company broker - are not on bid or offer today. I wonder are they temporarily barred from trading aex because of news that they are aware of. Interesting.