Keith Looking @ Those 2 x 75000 Trades ! Can’t Figure Out If They We’re Buys Or Sells ! Imo Bodes Well For Upward Movement ! Consolidated By The 22.7 p Buy !
RE: initial period of exclusivity, lasting through to 28 February 202128 Feb 2021 21:17
SSSIG Talks Lasted Nion 11 Months ! Pared Energy Talks Lasted A LoT Longer Than 11 Months ! Exclusivity Seems To Be The In Vogue Cash Cow For Directors !
I Suspect There’s Been Numerous Letters Of Interest ! Ready Made Oil Play In Place ! Infrastructure In Place ! A Multitude Of Data In Place ! Vast Region In Place ! Huge Tax Losses In Place ! Decent Cash Balance In Place ! Good Oil Price In Play ! Production In Place ! No Wonder Significant Value Is Increasing !
That’s The Intrigue ! No One Knows ! Everything’s An Opinion ! Lots Of Different Scenarios CanPlay Out ! Take Over Boom ! Huge Uplift On Our Reserves Boom ! New Partner Boom ! Dilution Not The End Of The World !
Have Improved Significantly ! Leading To A Far Stronger Negotiating Hand On Any Outcome ! A Good CPR Will Only Improve The Hand Further ! Until The CPR Is Out ,I Doubt Any Deal Will Be Announced !
Iq ! Do You Think Nearly £3 Million Admin For The Year Is A Tad Excessive For Poor Performance. Year In Year Out .... Obviously It’s up to Large Shareholders To Make The Decision If They Are Happy With The Plod Or Require Change !