Did you not know they’ve already done the deal with a super super major MrMoon! Plus they’ve already found oil that why they’re building a refinery with storage.
.....should take note of MKA’s RNS today, when they started, where they’re at and where their going and by when! Not the ‘if we don’t mention it they’ll forget’ strategy.
I wouldn’t read to much into the ‘alignment between management and shareholders’ line, they said the same thing when the original deal was sorted! Standard jargon.
Lines like “pleased to report talks are progressing constructively” I always take with a pinch of salt in this game Linton as I believe they have no option to say anything thing else at this stage, whether talks are good or bad. The only time you’ll hear that talks are bad is when it is bad and a deal falls through, CEO’s must be clever with their choice of words until that time.
Will they be brave enough to walk away though? That is the question. They’ve been at this a long while, have deferred wages and is probably the best chance to get the drill spinning to date. Then in the other corner you have a major that will play hard ball with a ball made from Tungsten carbide who have all the funds.