RE: Welcome stance in RNS over COVID-1913 Mar 2020 09:17
I really like this part of the RNS
has maintained an active dialogue with a number of interested parties, including a number of oil and gas majors and supermajors. No assurance can be provided that a farm-in or other funding transaction will be concluded, but to the extent that a farm-in or other funding transaction is successfully concluded on terms acceptable to the Company, the amount of capital available to the Company when drilling operations commence could materially increase, and would be additive to, existing funding sources.
It suggests to me that we have a number of very interested Majors/Super Major wanting in. But it will be on our terms. Could it be that Mr Potter is very cleverly playing them off each other to get the best deal possible. Balls of steel required but he knows what we are potentially sat on and isn't going to give it away. Hat off to him I say.