Member Info for jacklevi

PNE79 Interesting point i`m pretty certain if in an ISA then you would be shielded from any tax liabilities.But there are probably a lot that hold them in an ordinary trading account.

Woodrow your guess is as good as mine and probably most on here from looking forward to a straight forward LE we now have this option floated with absolutely no info to base a judgement on it.

If we take TE8-Sidi rig mobilisation as an example then it should arrive at TE9 on or about the 12sept not sure though if the distances are similar.

ozzie if a deal was structured like your summary then it would be i think the next best option to a straight cash offer for us so long as there is a clear end in sight to any such deal.

Joe have to agree with what you say if TE9 is a success it will be journeys end my only concern is the appearance of a Deferred/Contingent Sale and what that would entail its over 5 years here now if we have an LE i just hope its a straight forward cash offer with no strings attached.

SO/SREAD Many thanks for for keeping us updated.

Interesting that they have changed the testing schedule from drilling 9 then drill 10 and return to 9 to test after completing 10 I wonder now if 9 is a success will 10 get drilled?.

Gliu i think moroc last post was a quote from a previous FSC not an up to date statement

Sound i posed this question some weeks ago to Brian and thats what he confirmed

Midus the co have stated they will test TE9 after drilling 10 not waiting till all three are drrilled.

250 its been already established that if TE9 is successful they will drill 10 then return to test 9

Ding agree it is difficult predict on success probably easier predict on a failure but don`t want to there.

I think to most likely reason we are still awaiting it is simply bureaucracy on the part of the moroccan gov. its hugely important to them as it is for us.

jag11 i would hope to see an sp of around 80p on a very successful TE9 drill assuming we trade in the range we are at the moment pre-drill which would mean very little priced in for a success.

Riddlers 👍

CMCM You can hold onto the shares until all the formalities are concluded then you would have to sell this could take months when you could be invested else where with your profits.

CMCM If an offer is made and recommended by the board the sp will rise to near the offer price its up to you if you then sell i would wait a few weeks to see if a counter offer appears if not i would sell then.

Is that 154k trade a buy or sell?

Ouch!

trellis you forgot pieces of the gig saw 😜