RE: EP145 licence renewal19 Jul 2019 11:40
I am uneasy about what is happening at Amadeus - a month ago JB and AC were foaming at the mouth at the proposition of a large helium find and what impact that would have on their own licence. Now the drill bit has stopped turning and August is fast approaching without a firm understanding of whether Mosman have managed to secure a second extension. I would suspect Santos have much more sway with those in control of such matters and Mosman could find themselves sidelined if a savvy Santos director has been doing the correct wining and dining with the right people.
I worry if an RNS appears to advised of 'circumstances out of our control' and/or 'allow us to focus on our American assets' we would drop into sub 0.2 trading. Of course, the opposite could be true and the BoD have played a master stroke but with their previous track record I would suspect the former. Sadly.