RE: Spreadex tr1… a short??26 May 2023 13:35
Ed, I too agree that the time has indeed passed, the votes have been cast and so now we just await the results next week. Has been a fairly heated subject covering the proposed resolution for the forthcoming Special Meeting. Irrespective of the outcome one should try to be flexible ; the vote can easily go against our wishes, so we must be adaptable, be it then selling up, holding or even buying more.
Would indeed be very nice if the debate then became centred on the assets & the development of field come mid July but I’m currently hedging that we might then see another placing arrive, even off the back of a successful GGS Phase 1 commissioning, to then allow a more rapid development of CC. I’m aware that many good peeps believe that 3 wells will then be sufficient to entice a JV to commit, but my figures suggest that AM could seek to utilise up to 16 wells to delineate the field.
The bb’s maestro of debate concerning assets & their developments, is noticeably missing these last few weeks. Hopefully we will see his return as & when my fears are then proven unfounded ?