RE: Of Noble, Rigs and Chinese Balloons...5 Feb 2023 19:48
Mmmm, there are lots of possibilities..
How about, last years trip to Texas, that trip DM was confident would result in a rig, well he also mentioned being in a leading position, which suggests competing for a rig...
So maybe He1 were out bid, so early agm, to approve that increased share allocation, thats £10m in the bank, and the ability to raise another £10m if needed..
A rig from Texas, is going to cost a lot more than that Exalo rig, taking typically 2 months by sea to travel from Texas to Dar es Salaam, and another 2 on return...
Trouble is DM has told so many stories, you don't know what was a bluff or something that just did'nt work out..