Expat,
bang-on mate !
banks require "surety" .....which is "why" !
I will chk timing of additional payable should oil be above "strike" in the asset deal .......this is (short term) material to c/flows .....
does anyone know the timetable for if/when the co2 offtake could be up for re-neg ???? ie self-sourced has to be cheaper than 3rd party purchases .......
rgds
V_H