RE: Look what I found19 Jan 2019 08:50
Bezzy: The post you mention was by WestHamBoy yesterday evening and said:
"Having got to this stage, and I was Hope, I would certainly be using next week's deadline as a bargaining chip (indeed as I would if I was a potential nomad). That said, if no agreements are made next week and we do delist, then I agree that it will not necessarily be the end of the line. At that stage Hope will have lost his bargaining chip and if he does eventually settle, it will cost him considerably more than had he done so in time to prevent delisting."
It was a point that had crossed my mind too, but I also looked at it from the other way around in that although I don't know on what basis a Nomad gets paid but suspect that the size of the entity is a factor and, as such, FRR with the potential to become a massive O&G player will be a very attractive proposition for a prospective Nomad. So our negotiating position isn't without strengths too ...
GLAlths