Good points raised on board after Friday's RNS and interestingly, posters suggesting further options might be forming part of the ongoing negotiations and discussions with interested parties. The more options the better in my book.
The fact that the Company won't be hurried into any decision all bodes well as far as I'm concerned and the statement from March 10 RNS still stands .... i.e ' the Company has decided that it is in the best interest of the Company to further extend the bid… Read More
Oil Explorer - good analysis as always. Agree with your thoughts.
Overall company has managed the simultaneous negotiations on different fronts pretty well so far as they are all so interconnected and managing Investor expectations can be really tricky sometimes.
PSC extension...."Letter Of Intent"....from MRPAM was the big take away for me from 21 Apr RNS. Formal extension approval confirmation is at an advanced stage. Drill partner name...expected by 1st week May.
2010PM.......farm-out process in still on going...from 21 Apr RNS
The Company's farmout and funding processes are ongoing and the Company continues to be in in active discussion with a number of parties.
....word 'funding' is the only addition to the previous 'Farm-Out' updates...as they say "processes"...sounds like there are 2 separate processes on the go.......in active discussion with "number of parties".
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