RE: Multibagger19 May 2020 09:39
Tbh, the only part of the RNS for me to get excited about is this:
"In addition, the Government and KEFI have agreed changes to their shareholder agreement and the TKGM foundation documents to admit additional Project equity investors into TKGM if required, although both parties are actively collaborating directly with the proposed Project private equity investors to facilitate their subscription as per the closing timetable, set out in the Company announcement of 24 April 2020. KEFI's percentage interest within TKGM remains unaffected."
Of course, we'll probably have to ratify the agreed changes to the agreement, then notarise the ratification, then notarise any changes to the changes, but for me this is a very strong move in the right direction. ANS are being told to stick their fat fingers out and provide the cash or miss out on the project. That is the right message that Harry should have sent a long time ago.
So, GP surging, TK moving in the right direction and saudi drilling are all looking good.