No further news on Citation website re finalisation of loan yet and it is now 3 weeks since we were told, following an extension to the completion date, the transaction should complete "in the coming days" and "Range will update the market accordingly on completion". Must be into an extension of the extension by now. This is a bit like Groundhog Day.
Also no update re completion of RRDS transaction "Landocean will pay US$1.3 MM within five business days from the date of agreement, US$1 MM on or before January 15, 2015, and US$2.07 MM on completion." Has this money been received and Is it going to go towards the Lind loan repayment?
Talking of which, no further news re an agreement being reached with Lind since management presumably submitted their proposal to them two weeks ago.
Waiting for RIG report after meeting, Walters speech in Trinidad about now (any slides and notes?), Yan Lui's report from his visit last fortnight to Trinny - any photos of that visit for montage on website which has not been updated since May 2014.
Seems from Oma's report that they very much know what they are doing, but success is going to need a wing and a prayer and it is squeaky bottom time for BOD and PI's. If we can get volume going very quickly towards 3k bopd X 2 in Trinny, then we can all get our dusty certs out of drawer cos Puntland will then come into focus.
This encompassing approach by RRL to listen to all Pi concerns will only hone the tone of future RNS's to minimise the possibility of a negative vote for the Core deal, we all suspect by now who Abrahams ( by non clarification) are, and Leopard and spots spring to mind.GLA
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