I dont understand the anxiety here. Its going to take a few weeks yet. the pressing commitment for a FID is self-imposed and the agreement with LNG has given them a few months breathing space.
Shell employees have already been embedded with Arrow for some time, so they should know what they want to look at.
remember, WE DO NOT KNOW what the conditions were on the takeover offer, nor do we know what they were in last years bid. The offer was hardly a typical offer where the terms and conditions are disclosed from the bidder. In fact, this leaves me to believe that Arrow blew the covers off prematurely.
I definitely support Arrow taking all the time they need to consider their options. The impatient few can go wherever impatient people go while they pace the halls pulling their hair out uncecessarily.
Cheers,
SF
AOE Price at posting:
$5.29 Sentiment: Buy Disclosure: Held