Pure Speculation2 Dec 2019 09:25
Yes the RNS does not make good reading but how else are UKOG expected to find the 14% that Alba and the others cant afford?
There is no evidence "yet" who the single investor is but the derampers want to assume it DL whereas it could be BP or Shell, Who knows - Yes, no one.
One fact we do know though, and that is that SS has been pushing for 100% ownership, why? Has he forced Alba`s hand, are they skint and now likely to have to give up there %? Assumption would be that they are, then we need to consider why 100% ownership, To sell or to develop into the company SS has regularly said he intends to?
GLA either way.