that blvn dips down week on week with this deal supposedly done - makes you wonder if the people with their mouths in the troff know we are going to have another time extension because biya cant bother his ass to give a signature
That's exactly what he did for the first deadline that had to be extended. In my view, there is no doubt that the deal will be done. When the Cameroon government actually sign off the equity transfer is another matter though. I'm happy to wait and to be honest, the sharply falling oil price makes the deal Bowleven has secured actually look better (although it of course knocks the value of the retained 25%)
It appears that the date for deal completion must have been a negotiated one with all parties. KH wouldn't pluck a 'hopeful' date out of thin air would he! This agreement of a long-stop should reassure that the deal will be done. Any time soon.....
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.