RE: Hope this went well14 Sep 2023 10:36
Hi Ed,
Yes, hopefully the DL meeting is Re Mt Weld. I am thinking that AK took the stake he did as a favour to CRCL to provide liquidity to get the Angolan deposit sorted. It was a bit odd him taking a 20% stake at that stage. This might be his quick and profitable exit for both CRCL and his stake. Then it frees us up to focus on Angola and Brazil sending a clear message to the market.
Ed, what are your views on the shut in oil field of 30 years replenishing itself. It is not something I have researched deeply but it could be a possibility?