RE: How can gspc keep 30%13 Jan 2019 20:49
It's all about arb avoidance, if possible, with the best outcome for both parties........!
so, time is a factor, the longer it goes on the more it costs......!
GSPC aren't going to give up all, but they're skint/nearly bankrupt, so will have to give up some....!
and so negotiations continue, at speed hopefully.......!
Bear in mind that GSPC only had to deposit $1.1, the $3.0 is a bank guarantee, and I reckon they'll want that guarantee voided........ :)
All the best (with a larger slice of Cambay, we invite one of majors in to fund the drilling, won't be long now ...?)