RE: Monday RNS?3 Jul 2021 13:45
GP
From the website.
Victory Gas Discovery, offshore UK – an environmental study is planned for July 2021 followed by the draft Field Development Plan (FDP) submission later this year. The draft FDP is key to unlocking the value in the low-risk Victory project to the point where Reabold could benefit from the planned liquidity event for Victory, expected to take place by early 2022. The current NPV from Victory, net to Reabold, is c. £30-51m.