We need to sell Cambay to get us out of this financial mess. All deals could be done and ready to go but where’s the millions of dollars to drill? We are literally a sitting duck just holding on to Capital. May lead to another year of waiting but I really cannot ever see us ever drilling unless something gives.
Or even put Oilex up for sale and let someone else take this on that has the cash.
We’d still walk away with decent money from a take over.
The people doing the sale will also want their commission as I’m sure they have also been under financial strain. So I think once they can get back into the office they will get on top of it rather quickly. Soon as the second lockdown in India is finished, start the clock!