Cats out the bag! Only reason CEO would change terms of contract would be IF a deal is all but agreed otherwise no reason to change. Think about it.....
Deal done.
Also worth noting the Data Room has been open to interested parties for months and months. Don't expect the seismic to be re-done. Given the rises here in the last few weeks I'm confident a deal is all but agreed.
Picked up some shares here this morning, looks like a great punt!! Not many on AIM that could potentially produce this amount of oil before Christmas!!
Agreed Florida. Any delay is likely due to awaiting absolute confirmation from Bahamian Government. I'm expecting an extension to the exclusivity period and would expect that to signal commercial terms all but agreed. IMHO.
I topped up again last week - looks a decent opportunity here, new BoD and placing at virtually zero discount. Recent trading patterns indicate news is close. DYOR. GLA.
Really disappointed with the RNS yesterday. Genuinely thought UD2 was going to be great, they clearly knew this didn't perform a number of weeks ago but wanted to deliver the news with a number of other updates - this doesn't sit right with me.
Yesterday made my mind up and I've sold all my shares. I wish all of you LTHs the very best and hope in time you get your just rewards. GLA.
Agreed Spike. I run a boutique M&A business and I’d be surprised if all agreed in 3 months. I’m fairly confident we will get a deal at the end of it and once confirmed I’d expect this to be a minimum of 10p.