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This is different to previous years in that there is an rns behind it, the one thing I cannot reconcile with him taking a stake is why now, if there was any thought that a placement was coming then this is the worse time to buy. Just my opinion, we are all guessing and I may very well be wrong.
Its strange where we are, on the one side we have the green lobby who would vehemently oppose the opening of any new hydrocarbon basin, that has only got stronger in the 10 years since the Darwin discovery, yet on the other side with the politics of the middle east and Russia over that same time frame the case for an energy source well away from those areas is even more compelling, interesting and dangerous times we live in.
Well caution is certainly a good thing to have, but i must admit I dont see why this man would risk his reputation, let alone 100k to somehow get the board out of a jam. Its significant another week has gone by and still nothing from the board, a few weeks ago I did not think that was significant but the longer it goes on I am not so sure, at the very least they will soon have to confirm the licence renewal.
Well border havent sunk a well in 10 years almost, and the licence has been extended several times, Im really not interested in re reading old rns information that I have already read several times....what I am puzzled by is why you are here. The rns information you are cutting and pasting is not opinion it is available to all. Big hole in your argument.....if the FIG had refused to extend the licence I think the company might be obliged to tell us since the end of the month is only 10 days or so away. Anyway I wont engage with you further....been down this road too many times, it happens every time we have a spike here.