RE: Ongoing farmout process".9 Nov 2024 15:28
Myfirstmillion, there is absolutely no evidence that it was a major oiler who pulled out of the farm-in discussion. If you have any then please produce it.
Also, a lot of people new to this board are hanging on the use by Larkin of the word "shortly". Before assigning significant value to this please do your homework by reading past RNSs and Larkin's positive comments within these and then contrast with actual outcomes.
Then ask yourself why did Tullow forego this "life changing" opportunity?
BTW, I am a long term shareholder, hoping for a farm-in but have to admit I will be pleasantly surprised if it happens. However all this talk of billions of barrels of oil is just BS, even the best identified PROSPECT Colibri has a 17% COS.