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Rocklawn....Alan confirmed all that and also that having tried some tester pots, he is going with eggshell grey for the box room!
"I spoke to Alan..." : )
I can imagine you down the local telling that story for the millionth time Manyana! I'd say it never gets old! Tell us that coding story again they'd say!
Thanks for all the technical information DelBoi
No, I don't believe that term sheets can be binding. I'm not saying that it will go down to Oct 31 but more pressure will come on PVR the longer it goes on. I don't doubt the sincerity of the negotiations but I don't think they'll hold much water legally if talks breakdown.
They would be doing nothing more than saying we are currently negotiating with a,b and c companies. Nothing to stop them doing that. AL promised as much back in March in an interview with The Currency. It may well be the case that there are still material items to be agreed before companies will let their names go public. I just don't see the issue with using logos or how it infringes IP. PVR aren't going to start using their logo if they don't want them to. People on this board have said it does, but not given any evidence how?
Typo * I don't think you are going to get an APEC type commitment on or before October to invest x millions. I think you will get very tightly controlled staged investments agreement.
It's not in their interest to conclude the negotiations quickly. PVR will more likely concede more as you get nearer to the end of October. It was putting AL on the spot a little to go through the same information again at the AGM with no update on investors. These investors could have bought and sold enough shares to cover any losses already from 1.5p to 5p plus. PVR have way more at stake if talks breakdown. IP infringement is a red herring IMO. It's not that long ago they couldn't get a share payment together in time. It's bargaining IMO. The great and the good are starting to take positions so we'll see if it's a buy on the rumour or a conviction buy. I still think you'll get an agreement but I doubt they'll be world class partners and I don't think the investment will progress Barryroe with more funds being subject to conditions etc.
I I'm
Listen to Jack. He knows what he is talking about.
TV uh
Wait till Jack Spade reads it! : )
Buckle ...from someone that seems to have multiple arguments going across various stock boards, that's funny! : )
Thanks Jack! Keep up the copy paste and link work. It's very insightful! : )
Right, thanks Barryroe. The article seems to leave it open to speculation regarding Spoton.
Don't worry about it Jack, you stick to reposting newspaper links!
The phoenix magazine raises a question as to why were Pagent listed as a "related party" on a document circulated by Providence during last fundraise.
Anyone any opinion?
Currency article says they have 30 to 40 years each. I think the UK talk is just window dressing in addition to the quote below from Currency article about 2015 but I think this currently is more serious. I think Linn has done an excellent job thus far especially in the circumstances. I think it's far too early to call regarding a farm out but I think they are earnest in wanting to have a look with that in mind. No risk to them, only upside and potentially a great deal.
Fjelland said he had looked at Barryroe previously in 2015. “At that time, it was not really ready,” he said. “What we are looking for is a field ready to be developed. We consider Barryroe to be now ready to be developed.”
“There needs to be some appraisal wells, of course. Some work needs to be done, but it is close enough for us to be interested and big enough for sure.” Currency News
Fjelland said he had looked at Barryroe previously in 2015. “At that time, it was not really ready,” he said. “What we are looking for is a field ready to be developed. We consider Barryroe to be now ready to be developed.”
“There needs to be some appraisal wells, of course. Some work needs to be done, but it is close enough for us to be interested and big enough for sure.”
Outgoing CEO Ståle Fjelland formerly of Schlumberger, incoming CEO Alec Svendsen formerly of BP.
There is a hugely positive piece in The Currency news site today about SpotOn. They have an introductory offer of 5 euro for first month. It's well worth it for the amount of excellent material especially given the current lock down. Some information confirmed already but
Model is to form consortium of service companies to target the UK and Ireland area to share risk.
Ireland and north sea as familiar to them and outside of Norway so they can take advantage of key export credit facilities through Export Credit Norway. Also rely on investment through Pareto Securities when required. Backers will be revealed in April.
Manyana, that should have read far right.
Hopefully site moderators will review some of your posts over the past few weeks.