You only have to listen to Tony Sages intentions to enter into the oil market in a big way when building International Petroleum out of International Goldfields that he will be a serious contender in the running for the Trinidad stake. Cape Lambert / IPO / MHL i dont think it matters which company is being talked about or which one is holding the cash reserves but i do think if his capital is involved in all of the above he is obviously building a bigger picture --- one that is still masked at present.
Also worth noting as i've posted before that the IGC restructure to IPO took place at the same time that Cape Lambert took their stake in MHL & also that Mark Gwynne (MHL director) is on the IPO board....
Who knows really - i could be wrong, but i still think it is all interlinked...