Alan minty statement7 Oct 2018 10:27
Our current priority is to conclude the commercial terms and, within that framework, create a deal whereby Nu-Oil benefits from a financial structure that creates significant value for shareholders and avoids dilution. Such a structure has been developed and is being negotiated. Further announcements will be made when appropriate based on the outcome of discussions.
According to our chairman there will be no dilution so we must have enough funds to see this deal over the line.
Time will tell gla