DW's podcast16 Nov 2015 21:40
David specified 'days, weeks, months' to secure assets. It's been four not eight weeks. The longer it stays in suspension the further the O&G package will be developed. Nothing we can do to influence things: however every day that ticks by is a day lost in David's book and I like that determination/drive in a CEO. Remember he has five more targets in the hopper I would say as a contingency plan. This venture has been very carefully pieced together and orchaestrated by a group of ambitious go getters in a country they love embedded in a culture they understand. Remember CEB is three years in the making and they have the old band back together and brought the 'horns section too'. The field owners lack technical expertise and have a unique opportunity to boost production and revenue, in current markets their options are limited and so the proposals after some tweaking may be too good to turn down.
I'm attending the investors Xmas bash so hopefully will meet a CEB representative or two to get of flavour of the progress though time and space here ought to bear the sweetest fruit lol