Member Info for jester16

I wonder if he's filed his defence yet?

Just do your own research. They are trying to buy the remaining 10% of team internet then sell it on they have two buyers lined up. Check out the presentation

7p

Don't read it simples.

Expect rumours over the weekend

At least we've been updated... gl

Gl everyone I'm off to bed to get 1hrs kip.

Then are people counting their chickens before they hatch. Let's see what news comes tomorrow considering tel Aviv stock exchange doesn't open till Sunday. Gla

Know the result yet were the bondholders happy to accept deal?

Alice who the fk is Alice you don't live next door to her by any chance.

I know how you feel m8 it's not nice but fingers crossed it will come good.

On how the meeting went

The Company received two offers for the acquisition of Team Internet
? The two offers are generally similar in timeline but differ in the offered amounts and
structure
? Purchase of the shares of Team Internet held by Matomy or purchase of assets
? Timeline leading to mid/end of March
? 2-4 weeks for confirmatory due diligence and submission of a binding offer
? 6-8 weeks to a definitive agreement
? Only one of the offers supports paymentto both Rainmaker and the Bondholders
? The Company’s and Team Internet's managements suggest that it will be possible to sell
Team Internet for substantially higher amounts than those offered today. Company’s
management recommends completing the proposed plan and only thereafter pursuing an
active sale.

If our jv just gave us the 50 mill with 25mill compo from government and let them have the lot it's cost us dearly. Loss of earnings loss of sale of asset loss of sh value. All because of 1 person that doesn't put his country before is own inane thoughts.

The Company will now complete the current well section and then pause drilling in order to undertake a full suite of Schlumberger wireline logging. This will enable the Company to fully evaluate the properties of the Mengo, the R1/R2/R3 and the three potential new pay zones. An announcement will be made once the results of this logging are known to the Company.

There still drilling

That's what I don't get been here before with other shares? So let's see what end result is

Who says 12000bopd we don't even know if it flows yet let them do the tests first.

That's all it is not been voted on yet. Or has been but no news yet

They hold unless they've sold any.