RE: PFC business model24 Apr 2018 15:02
my2p - I think there was mention of a push more towards holding producing assets, licenses etc over contract chasing, which by all accounts could be a diminishing market in the coming years. It seems the Mexico deal struck in December and the opportunities in Ecuador indicate the changes you mentioned. The contract outsource models has taken a beating of late victims such as CLLN etc feeling the full effects, so it would make sense. Also, the softening of the UK and European presence could be on the cards with focus switching to the emerging markets. The SFO have hardly endeared the region to the management, we could see further listings elsewhere in the coming years.
Interesting times.