low volume remain @ offer8 Nov 2018 09:28
As outlined in the H1-2018 results, in order to enhance shareholder value the Company has engaged financial advisers in Russia to test the market and gauge appetite for a potential sale of Licence 61. While we are only in the early stages of this process for L-61, we have seen a high level of interest from a range of well-financed industry players.
Given the good result of the C-4 well, we would now expect a similar high level of interest in Licence 67. The good result of the C-4 well clearly expands the Company's options for returning value to shareholders."