RE: Prim RNS Today24 Oct 2018 15:44
The PRIM RNS today is a quarterly investment update which contains, amongs other things, mention of UKOG.
For the avoidance of doubt however, its for the quarter just gone with the HHDL disposal being covered in several RNS finalising with completion one at end Sept. This isn’t additional dilution or new exposure for UKOG, it’s a historical footnote.
It does however suggest that PRIM are happy to hold and see better return without cash calls and asset ownership. That however is what SOLO said whilst silently selling .... I wonder if SOLO have left a small percentage of skin in the game though.