The principal condition still to be met is approval by the Cameroon government of the transfer of the equity interest and operatorship. The approval process by the Cameroon authorities has commenced and the longstop extension provides additional time to enable logistical arrangements to be made for this requisite step in the process. So this last condition couldn't be met in time for the 31st of August, so it can happen any time from Monday the 1st of September.
good post - its the shareholders who are suffering here not the BOD
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