AOE 0.00% $4.68 arrow energy limited

For Shell the big question is whether than can make the huge...

  1. 11,543 Posts.
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    For Shell the big question is whether than can make the huge capex subsequent to purchase work or not. I very much doubt they can under the current RSPT proposal, unless the Chinese offer to fully debt fund it at 6% (LOL).

    The purchase of AOE is small beer in comparison. They may even see it largely as optionality, and attempt to get it now for gas banking at a cheaper price. Simply warehouse until more fiscally favourable times return.

    Easy to see 4 state governments putting concerted pressure, as well as the govt facing a series after series of job losses and project deferrals/cancellations/acquisitions by Chinese/Indians throughout the election campaign.

    Really if they couldn't stand the ETS heat....

    EL
 
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