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It does drive me nuts...at times.....until you remember that MMs can basically do what they like, lets see what the next update brings, if there ever was a whiff of news it will be double digits in a flash.
Speaking for myself I am not surprised not to see an RNS yet, the decision may have been informed late yesterday, if it is an extension it will not really be price sensitive since it doesnt change anything from where we are now, so no onus to rush it out absolutely immediately, I expect to see something today or tomorrow.
If the award is against RKH, I would ask one simple question, what possible reason would there be to extend the deadline, an award against the Italian govt would be news, a government being found not to have broken the law generally is not.
I think you are right Gus, I think he has just massively slowed his rate of buying because of the effect it was having on the price. Just a point, under normal circumstances we would expect mid year update next month, although due to lateness of finals I would not be surprised if it is October.
....that said, the west can surely not now go back to relying on russian oil and gas in at least the short to medium term, that means other sources are required, if there is ever a time when finds like Darwin are likely to attract interest, it has to be now. Just my opinion, there are never any guarantees until it happens...or doesnt.
Companies like Halliburton are service providers, drilling and infrastructure experts, you can google them to get a good idea of what they do. Borders are a small exploration company, historically companies like Borders make a find, which they have in Darwin, then a larger company comes in and partners them on the largely derisked project. The main two issues in the Falklands, in my opinion, are that it is a virgin basin ie. One where there is not yet any production and many of the potential partners in the mid cap oil companies and the super majors are off the table due to commitments in Argentina. Just for the record, I am no oil expert either. ATB.
I think you miss the point of what Argentina uses the Falklands argument for, as a distraction to epic failures and corruption in their own country, for that their leaders find the issue invaluable, since its the one issue that unites virtually everybody, they will not give that up, economic logic doesnt come into it.