RE: AAOG Development Plan7 Apr 2019 11:54
Good post tiburn, the reason I believe that we are seeing a delay to resumption of operations is for AAOG to negotiate any deal with snpc on a larger share.it doesn’t really make sense to start production and give them ability to start repayment or leverage off the back of it. Snpc would I guess require a full carried position therefore I am thinking them being left with circa 15-20%.
They have been very quiet operationally therefore I believe that negotiations are underway , doubtful that this would take that long