RE: Is it only me thinking this?26 Oct 2018 09:05
Morning Fred.
It would depend on who takes over who.
If Brockham is as successful as we all hope (Angus shareholders) then, by virtue of having a production licence in place, we will be generating substantial amounts in monetary terms which will either be a source for dividends or the monies could be used to expand our little empire which ironically could see us taking up a share of UKOG.
With our proven find in Balcombe, it can be argued we have already become too expensive for UKOG to take us over and furthermore, although the market hasn't (or doesn't want to) recognised our worth, those in charge like PV has stated we are no-where near our true valuation.
Until this happens it will be impossible for a deal to be done apart from Angus taking the initiative on it's own terms which others will have to follow if they want to be part of the game.
Be lucky...