Originally Posted by
Adster
This is the speculation thread, get over it. The current rate is an artifical rate, FACT. Shabibi and Jabr have stated they want the rate to have parity with the dollar/return to their old rate, FACT. They have suggested giving their people a share of the oil wealth and giving them buying power, FACT.
It is highly unlikely they would be entering a letter of intent if they only wanted to move it to say 1000 to 1 as this could be done through a slow and grow increase. :ro_emote: