RE: Hl showing down 1.7%6 Aug 2019 11:02
IMHO, the most important part of today's RNS is this:
"Exclusivity Fee non- refundable unless the Farm Out agreement is not finalised owing to an act or omission of the JV parties."
In other words, only 88E or Burgundy can screw this up! That is why ALL key personnel have signed NDA's
Just watch the "BUYS" pour in over the next few days. If our preferred bidder is a household name, or a very large private American company like Hunt, then you may be surprised by SP movement.
Given the current state of play, it is extremely difficult to assess 88E's MCAP. Good luck with that!
Stay lucky.