You may have a point there. And I don't think that Dart will last that long after demerger either.
First of all Shell has retained it's 10% holding in the overseas interests which of course will be Dart. They will again let us all do the hard yakka, drilling, building up reserves, signing contracts, using all of the money we have and will have via Capital raisings without any major risks to them, then when we proved what we have got, they will starve us again for funds, and start the same story all over again.
On the other hand, as you mentioned, BG may decide to make the move, and Shell will oblige to let them have it, just the same as they did when they sold their 10% holding in PES to them. A favour for another favour and pay back.
Good luck all,
Buddy
AOE Price at posting:
$4.79 Sentiment: Hold Disclosure: Held
