Ann: Trading Update, page-28

thanks but i didnt get excited or unexcited by that report. just appreciated it being shared - always like having more data points.

my view hasnt changed - share price moves occur far in advance of actual earnings on the way down and up - and yes, the offshore marine oil service co's are goign to be the best guide to where mrm will track - absent big stock specific news

i do think the skew of project development wil shift to land vs marine given relative expense is lower - but the math in the stock prices says thats already in the SPs