arrow confirms gas presence, page-15

""(The only thing that may be in favour of AOE going with the current offer is their permitting in China. )""

tui,

How much of the projects we own in China to be exact. That lies your answer. Because, I believe that no one, and I repeat no one, is allowed to own 100% of anything there. And we will always be at their mercy.

Can you please confirm if I am wrong..??


EL,

I won't get excited at all about the percenatge holding we have in Apollo. Not one bit. Because we will never get anything out of that. If we were to do a full T/O maybe, but not until then. Most probably it will be sold off in order to raise some capital, AND WE WILL GET NOTHING. NOT A CENT.

Also, the offer of 1 share in AOEI for each AOE share held, IMHO, it is all pies in the sky and carrot dangling. Because no one has valued what OECI is worth, and simply because until that company has been listed and valued accordingly by the market sentiment, IT IS SIMPLY A PHANTOM COMPANY, (as someone wrote).

As for LNG, what are we going to get out of that..??? That to me could end up as a similar story along with BOW.

Buddy