I make no apologies17 Nov 2024 12:21
For re posting the Wizard of Oz recent post which is as brilliant in it's brevity as its logical positivity. Bravo Keith!
"I know it's a pita for you that I've not left yet, but it's curious that you think that these are mutually exclusive issues. Declaration of Commerciality triggers two things - the start of the 10-year corporate tax exemption, and the start of ONHYM's contribution towards expenses in proportion to their 25% holding.
In case you still can't work it out, these are two very good reasons why influential Moroccan partners - 25% shareholder ONHYM & Prime Minister-owned off taker Afriquia - want everything to happen at the same time. This would also appeal to PRD management, since that would knock the likelihood of an opportunistic bid on the head.
But ignore me, you can just keep on saying there is no gas, you are obviously master strategicians who have thought all this through in detail that is beyond my understanding.