arrow confirms gas presence, page-23

Mont,

I don't think that the sp will drop either. May be a little but more than likely it won't.

Reason being that a base price has now been set in concrete by the Shell offer. Lets face it no one, including Shell, would pay more than the lowest possible price they could get the company for. And if they are prepared to pay what they have offered to us, they know full well that is is worth at the very least twice as much.

That is how they are making money. Buy assets at the cheapest possible price, and reap the ongoing benefits from there on end.

And they (Shell Management) may even get a huge bonus for doing it.

Buddy