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looks like the merger may go through unopposed at this rate
Stinks doesn't it. And the POO is irrelevant if we have hardly any reserves booked in the first place. Where is that Zeb CPR and why is it being withheld?
How can this continue to be withheld when the resources there are surely absolutely material to the potential merger?
think the bod need to take a breather from being able to sit on a bod
still at least they're all right jack
Thanks Eeegy. Yes that's much easier on the eye lol. Just kidding....as long as you keep posting I don't really care what the format is ;-) Phil164 - spot on pal. If they truly put the company at risk for such a paltry amount then they should never be allowed to be directors in any capacity at any company ever again. Criminal. And yes material information needs to be put in the public domain prior to any merger vote. wraith - I hope you got out out of BOR and here a tune for the weekend x https://www.youtube.com/watch?v=g6z_NfTe6SI
I see that argument totally I would have preferred that this had waited until after Izzy2 but I recognise that this deal may then have been at an even lower price in the less likely event that the step out is too bold so this at least ensures survival as things transpire on the funding front I would be happier if at least the Zeb CPR was published before the merger and could be taken into account in the price however minimal that difference might be Aside from that I am personally pleased to see this merger proceed the way things have gone Cheers and GL
just the price that stinks otherwise happy
lots of speculation as to the whys and wherefores and also to what happens if we politely decline but what do you all see as the upside if given the green light? maybe a little less exciting and no multi bagger in the short term but broader success ultimately more likely all the way to production........? No longer red or black?
lol there but for the grace of god go we oh wait............
do iphones suffer from an indentation condemnation?
check out the indentation on eegy's posts.... just seems a shame that all that extra width just goes to waste......;-)
why do your posts suffer from this strange indentation complication man?
thanks for that pb well it sounds clear enough as it says all the acreage yes that being the case and insurance payouts being notoriously stingy if paid at all, then falling into the loving embrace of RKH seems to be prudent and timely to say the least the bod still want shooting for allowing this to happen, and it does rather make you wonder who was making what reassurances to make the bod put the company's future at risk in the belief that they were about to hit the big time..... Noble have had their pants down big time
.....is sufficient and more detailed information to know whether it is truly Hobsons Choice or not..... surely we are owed that
I am broadly in favour but after Izzy2 results and with the Zeb CPR in the public domain. Then perhaps the valuation would be a fairer one. Otherwise a small rights issue would seem the better option.
If they have been hiding something significant and positive then their hand will now be forced Will be interesting to see if they make a counter bid and if so then they would need to lift their skirt so to speak....
nice work and comes across as plausible and credible sounds like you think that FOGL are sticking two proverbial fingers up at NBL with this proposed merger.......
don't envy arg bor looking dead in the water?
agreed rhys91. btw - I think we know where that poxy little fish got to now.....