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Not sure, a lot will depend on what long term price they agree oil will be at. That will give a value to Barryroe. From this they will then agree what portion of this Sequa want to buy and agree a split of the money into cash and the rest into Sequa having to pay all costs etc. So the key will be the oil prices agreed. I also think that the delay over the last few years has some positives as well as negatives. Negative in that the price of oil has fallen, however that seems to have reached a bottom, and positive in that it shows PVR have been holding out for a good deal. I don't see any reason for them to take a bad deal now when they wouldn't six months ago.
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