RE: 20p - 80x from here27 Sep 2024 11:52
Re financial backers, haven't seen this one rescinded since being RNS'd. Unless I've missed an update there just hasn't been a deal to finance yet.
Explains why S. Sudan would be taking them seriously imo.
26 June 2023
Wildcat Petroleum Plc
("Wildcat" or the "Company")
MOU SIGNED REGARDING FUNDING
Wildcat has entered into a Memorandum of Understanding (MOU) with a third party that has expressed an interest to carry out due diligence on deals that Wildcat can source from Sudan. This third party will then decide whether or not to invest directly into a deal up to an amount of US$25 million. The party is also prepared to invest, following due diligence into other petroleum projects in other African countries which have been sourced by Wildcat. The MOU is not legally binding, can be terminated with 30 days notice and the investors are under no obligation to invest and the Company is under no obligation to take their investment."