RE: Top up23 Mar 2025 18:40
I would'nt agree there is no interest in the asset or in UOG. More likely there is no interest in a JV, l dont any company would want to spend millions to float UOG's boat when they be taken over much more cheaply!
Also because the asset is so vast and a commercial oil find would be so benefecial to the Jamacian economy maybe the government will fund, or arrange funding for a drill. Im sure the Jamaicans will want to see the drill going down,preferably with a larger operator than UOG. Therefore l suspect a TO could be on the horizon. AIMHO.