RE: Shell6 Feb 2020 09:46
My lord I am so reassured, just spent 10 mins on the phone to MB. As I maintain, I really do think he is a gent and a very astute businesman. I congratulated him on the recent move in SP and the fact that I thought we were better alone than part of RTO and he said yes the RTO got complicated with the Sundegas assets in addition etc.. which made perfect sense.
CPR being compiled (as it was needed for the RTO/listing doc)
3D being interpreted.
Existing infrastructure of Greater sunrise can be exploited and new infrastructure is being built.
1.6TCF seems to be conservative
there is a well on the area (as we know drilled by Shell in 1998)
The application made in 2016 was made after many years of building a relationship with the Timor Leste government and they still have that great relationship.
He kept saying they have a "Tiger by the Tail" and it was so exciting right now.
Very reassured and we laughed at the low £3m mcap!