We all share the enthusiasm for our prospects and potential we have with our blocks but I might offer an bit of restraint and realism regarding the Chinese appetite for assets. They are still shrewd businessmen and would not be in the position they are in, (cash heavy) without knowing the "value" of what they are trying to acquire. They have been making deals around the world for quite awhile.
I wouldn't bet a plug nickel for our chances of getting one thin dime more than we are worth. That is why the results of drilling are so important. It's also why Addax, a fully operational company with assets in several parts of Africa and the middle east commanded the price they did, which many here protested as being on the cheap side and others considered "fair" at best. We shall see how this all turns out and hope for the very best but a dose of realism is needed. Just because they may have 50 Billion to spend by no means any of it is destined for our meager blocks in the JDZ but for assets in the GOG as a whole.
Strass
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