RE: Said this Jan 23 - Quote - What foresight FFS22 Dec 2023 20:40
Lol, you also said this Nov 29th…who cares, enjoy the ride
“ Wintershall is too big for HBR management - both debt and operations. Instead - negotiate a side deal post acq'n and let HBR acquire Winershall Mexico portfolio say $1bn - which is a mix of Exploration, junior stage assets lead time prod'n and mature assets, including Zama, Block 30 Ogarrio - mature and Block 29. Manageable size cash acq'n, no dilution, mega addition to reserves huge - and upside prod'n profile - highly accretive with all outside of UK production. Win Win Adnoc, who are lazy and need concentrate on instant output to support cash bid with instant discount the bid - All IMO. Do they want to be in Mexico??? FFS
Preserves momentum for HBR and well within the financial capabilities of HBR facilities. Which is a very well managed business , great TU in the midst of a taxation storm. HNY GLA Huge upside - there are few competitors within the $1-3bn cash - bracket.”