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I know Yuri....... see your twitter......... :)
and good to have Gord back on board, for sure, he analytical (realist :)
What happened with TTPP..........?
All the best (banned ....... :)
I meant your other share.
But anyway we have had some good panto with Gordon :-)
Wolfy has finally made up with him.
Daddylong legs keep coming into my house, they are all over the garden too....
A hedgehog who I thought was alright is digging up my vegetable patch!
Dinner is served between 6 and 7
And that’s about it really.... Pretty good, onwards and upwards, roll on Xmas, could be a messy one!
Just back to work Yuri......!
nothing to worry about............ other than which $'s we're gonna get.......... ;)
All the best (Shifts dude....... long breaks, and that :)
Glad to hear from you Chesh. Was a tad worried to be honest.
Evening Peeps....... !
Was looking in from work, an spotted this thread, an so for clarity, the cash call is in US$ and not Aus$, so the £ valuation is a little out......!
"By way of background, on 29 May 2018, the Company issued an EoD Notice to GSPC in accordance with the JOA for the equivalent amount of US$3,054,832." RNS Mon, 9th Sep 2019 09:08 RNS Number : 6346L........!
the difference is ~£800K to the good......... :)........atm.
All the best (Now what else is going on..........? :()
Lol. Yeah!
By order of the peaky fking blinders.
Unless there is more than one JV... in which case they can sell the 55% between eg 2 parties. That way they get to keep the £1.8 m for use elsewhere.... eg Cooper Basin.... KLW. That way OEX can potentially still maintain majority shares...? Just an idea. Who know.... we’ll just have to wait and see.
Or at least some sort of compensation Tintin. So I also think option 3 is a possibility or something similar. Eg. £1.8m (approx 3m Aussie $) will be exchanged for a portion of the 55% shares being sold and a third party (JV) will buy the rest. I believe....or at least would like to believe that OEX are sensible enough to maintain controlling shares esp after all this kerfuffle. So OEX would have over 50% IMO of course..... Fingers crossed. :)
so either GSPC sell Cambay and then pay us - or someone buys Cambay cheap with a liability to pay us? Or we buy Cambay cheap together with someone to JV? My bet is on option 3.