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Re: downsideup post# 5260

Monday, 01/30/2012 10:22:27 AM

Monday, January 30, 2012 10:22:27 AM

Post# of 12369
dont waste your time digging thru history,,,,,,,if you dont remember it doesnt really matter,,,,,,do something better with your time

what matters is that they follow thru on their latest pr release and that the news is very forward looking filled with potential and likelyhood of a partner.

I would love to see them anounce a 5 or 6 tcf as that would more likely secure the investment needed by a partner. I think there will be hesitation at "just" 3.5 tcf, considering the large investment/risk.

So when people on this board say they expect an american partner are we talking CHEVRON who has a piece of the malampaya project?
I agree with you Downside that a partner is waaaaay down the line but i could see most deals going down behind closed doors as something like this " if you can get the security of this investment by the us govt. naval fleet then we can commit to the deal/investment in the reed bank......." or something to that effect. I think the corporate funded presidents, including Obama and the congress, have favors to pay back. It doesnt hurt the us to have a base in that part of the world either to keep China from throwing its weight around.