Member Info for Woodrow

Maybe Maldini but James normally is very considered in his replies. Time will tell.

Hi Crude,
Interesting use of words by James.
"Leaving part way through a deal"
Does this mean that there is a deal being worked on as we speak?

If we get a buyer is the deal going to be completed by year end or are they going to notify us by year end that there is a buyer and the deal drags on until next year

Sorry my brains not working today. What does SPA stand for?

Crude,
How do you know James is out of the country?

Bajaman
I think JJ said it in his interview with Malcy.

Should read 250k

Longwait.
If they were to take 10p James would have to settle for 1.5mil in wages and only 250o for his options. I really feel for him.

SG47
No real reason. I hadn't really thought of it before and it just stands out as a strange percentage.

Has anyone got any reason why they settled on 29% cut?
It seems a strange percentage. It would have been easier to say let's cut by 20 or 30 percent.

Portsmouth72
How did coro raise 400 million?

Let's = lets

If the board come back and say they are going to continue drilling it means 1 of 2 things.
1. The offers did not meet the boards expectations.
2. They did not receive any offers.

The problem with this is it they receive an offer of legs say 50p but wanted £1 we would never get to know about it and I suspect many people might have voted to take the offer.(These figures are made up and do not reflect any genuine offers) By not putting the offer to the vote we would be risking everything on future drilling without having a say.

What could the legal reasons be?
If we are possibly nearing the end of Sound(assuming we can find a buyer/buyer's) why would they need to change it now?
They might not be able to sell us and are worried about ramifications.

Can't find it but did someone on here say that it had Q2/Q3 for the marketing on the web site?
If true already timelines have slipped until the end of the year.
We have only been marketing for a short while(allegedly) and have slipped up to 3 months.
You couldn't make it up.

Dawnrun,
Sadly that is not what it said.
Re-read the notice.

Jez,
I think that was 50 million not 50p a share.
This was way back in time before TE5 I think.

Hi Crude,
I think for your plan it would have to be a mid size company but would a major wait for a larger discovery of would they take the risk now( see my earlier post on ball park figures) and not wait.

But should be hit

So if a company pays £1 a share they break even(roughly) over the life of TE5 and then have a free but on the rest of Belgium (Wales)