RE: A reminder of the prize7 Jan 2021 12:46
I guess they can’t say anything that will trigger price movement until it’s confirmed what exactly the agreement is.
Let’s say I owed you money and you took me to court but then you dropped the case on me, surely that’s because we’ve come to a settlement where both parties are happy. This is what has happened here clearly.
Maybe as a guess, that $1.1m that was handed to the court from GSPC has been offered to Oilex and that GSPC will leave Cambay. Atleast that will be nearly half the drilling bill covered.
Also don’t be surprised if the winning bidder is a bid made from 2 companies working together that want to make a trio with Oilex. (Hense partners and not partner).