Wednesday, May 21, 2014 5:42:24 PM
if manny is not just bluffing and actually does drill without a partner<sounds CRAZY>......and it will cost us 80 mil and up to drill those holes..........it will become an all or nothing play on sc72.....with no international partners and govts to save us when china just rolls in and thanks us for verifying that we have those deposits there........then this will truly become a bankrupt company as galoc will never repay the 80 million drilling that sc72 will cost us.......
there is also a statement out there by Manny that shell said they werent interested and thats unfortunate because as owners of MALAMPAYA they truly would have been our best partner and internationalize any bull china tries to pull.........Maybe Manny plans to internationalize it regardless since fep.l <forum> is a british company and fecof is canadian......one hell of a longshot with an even bigger payout which has an even slimmer chance of getting done by itself now........
can we somehow capitalize on the vietnam situation? are they thinking that their floating driller will be pre-occupied to move into position on sc72 and therefore this is the change in thought? so why not drill in 2015???
anyway...good luck....would still love to see this hit a dollar one day but is very unlikely...........have you seen newl rebound the last 5 or 6 days?? whats up with that company?? cant even begin to analyze that value and craziness.short covering, etc.
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