Now that they have some data on the wells, maybe oaktree just didn't think the investment was worth the risk or they want to spend the money elsewhere.
Well exactly spantrout or Selan paying less and shareholders getting less and Selan helping to fund CCS in India. Who knows. The only certain thing is shareholders lose out.
This is just going to drag on and on. Totally ridiculous that recent accounts are taking so long. Unless they are now going to back track on the impairments... Which might well be the case, that will mean we are suspended for a while longer yet.
Totally agree 1Fortress. This board is bonkers now. Companies can chat as much as they like. Need to see some action. Disappointing to have another delay. Have a feeling, it won't be the last regarding the accounts.