shell's position, page-5

Respect your opinion RODDY, but i do not believe there is much chance of a take over bid around the $6s....Sunshine Gas went for high $3`s, PES over $8.00

I think Arrow has larger reserves (obviously alot more script than PES), a revenue stream, international projects etc to be conservatively valued with a premium offer to holders around$8.50

Closer we get to first LNG train, the less likely $6.00 range would even be considered

anyways, only my opinion