RE: Elephant oil21 Dec 2023 00:52
Cgull- IMO if the underwriters can raise even 1/2 the money they will do the IPO-Why? to get paid.
ELEP pays the legal, auditors, filing fees etc
plus the underwriters will get warrants (free upside with no risk)
Everyone probably waiting until mid Jan to avoid doing anything during an extended holiday period
(or they might be waiting until after the elections in Congo LOL)