ITR/CPR - Potential Suitor16 Jan 2026 10:45
Words from 16 October 2025 Investor call....
"we have no debt. So, we are in a strong strong position in that respect when we want to exit, you know, our asset, which is what we put into place. If you're trying to exit something of this scale, we set a time scale of six months um to work this through. and that process has started. We're not going to tell you who
we're talking to. We're not going to tell you what the terms are because we're in a commercial process. We started the beginnings of a commercial process."
"there's the proven gas you know 2C gas but that there's now an upside um way beyond what our initial expectations were that we will address in the um
divestment process the flexible divestment process and we will update all that as part of that divestment process with an updated um technical ITR CPR designed for the incoming suitor."
✅ process started in October and states 6 months > end March 26 six months up
✅ major upside way beyond expectations, no doubt shared in data room with potential suitor
✅ ITR will officially reaffirm major upside to potential suitor, being done for maximum benefit to support deal price