Member Info for bocasefarm

Needs 75% shareholder approval to go ahead. Hopefully other parties waiting in the wings will now bid a little higher now the benchmark has been set.

The 12.5p could be made in full significantly earlier.

see below:

Enhanced Upside: There is a significant potential for upside to be delivered to Hurricane Shareholders, beyond that which could be realised as a standalone company, should Prax leverage Hurricane's accumulated tax losses to make production acquisitions in pursuit of its upstream growth strategy in the near to medium term. In this case, Hurricane Shareholders will receive 12.50 pence per share, assuming payment of the Supplementary Dividend Amount in full (by way of the Supplementary Dividend and/or Deferred Consideration Unit) and full value is delivered by the Deferred Consideration Units (including any balance of the Supplementary Dividend Amount not declared as a Supplementary Dividend).

12.5p If Lancaster continues to produce. Paid in installments with last payment Dec 2026.May flush out higher bids.

Https://proactiveinvestors.co.uk/companies/news/1008539/eco-atlantic-oil-gas-farm-out-prospects-boosted-as-cpr-eyes-4bn-barrel-resource-offshore-south-africa-1008539.html

459000 shares Av. 14.9p

Edison upgrade their forecast. Say it deserves to be closer to 30

ttps://mail.yahoo.com/d/folders/4/messages/AArcdJFdwwaBY-9xkAy16BclJlE