RE: Is 20p even a remote possibility here?28 Feb 2026 07:02
The RNS said this . But what else does it include. You have to think outside the box
"Based on the Guercif ITR, the Company's terms based on preliminary discussions for a Heads of Agreement, subject to due diligence and regulatory approvals, include:
Β· Funding 100% of the drilling, completion and testing of an appraisal well in 2026
Β· Repayment of past costs incurred on the licence;
Β· Purchase of the Company's gas at the wellhead;
Β· No exposure to costs for CNG or Micro-LNG processing facilities and transport, marketing and distribution;
Β· Collaboration on upscaling any future expanded gas developments based on the scope of materiality outlined in the Guercif ITR"
It says include the above. Does it include more? If he is divesting 49% of Guercif I am sure it is worth more