RE: GTE21 Jan 2021 17:34
I think I've found the reason for the 10p price, it was just the agreed price as per the RNS from Dec.
Also found Remus' mission statement which puts me at ease...
Remus is a privately owned and managed investor in assets, companies and people across the energy industry and related sectors. It applies robust selection criteria and a long-term horizon to its target investments, with a dedication to unlocking their full life-cycle potential. Remus actively seeks economic and social value creation for all stakeholders, including local employees, their families, and communities. Its rapidly-growing management and advisory teams bring many decades of world class expertise to asset scouting, evaluation, financing and development. Above all, Remus is committed to safe, responsible and sustainable working practices; as an investor, partner and operator. www.remus-petroleum.com