RE: Cove Energy deal Telegraph23 Apr 2019 17:20
What happens in the event Santos confirm large helium deposits? Do you expect our SP to rise on the back of this information alone or is it simply a case of them recognising a minnow AIM neighbour has a permit they could potentially get at a discount?
Presumably any approach would require a rights issue to shareholders? Any 'offer' would need to be made public, thus increasing speculation leading to an offer...?
This is a very real prospect if our estimates are anything to go by