RE: FO Negotiation Team.....7 Jun 2019 16:42
OSH/Armstrong deal took seven months from start to finish:
* July 2018 - Data Room opened
* October 2018 3D Inversion completed
* Jan 2019 Bidding process concluded
* March 2019 Preferred bidder selected
* May 2019 Final DD/Paperwork
* June 2019 FO Signed/Not Signed
So from bid to FO, we are looking at Jan-June ie 6 months
If this goes through, it will be a blockbuster of a deal, which will substantially mitigate our risk position.
There has been a complete news blackout for weeks, so all good in my eyes although in the back of my mind I can still see those words "a deal is not done until it is done!.
We shall know very soon!!!