That's it... cast a few doubts and dispersions around... get everyone in a tizz... then say it's just idle speculation. When I learnt my pilots radio procedure, My instructor said "Engage the brain before the mouth."
Takeover.. The person who got Dr. T up and running was James Hudleston, the famous financier. Also a major shareholder. Fact
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A look into the future 14th NOV no less [link] To frack or not to frack: investing either way Hot tips if UK shale gas exploitation powers ahead... and if it doesn’t.
So nothing has changed from where we were 7 months ago.
The rns did not tell us anything we do not already know.Prepare for a very long wait.The terms HUR will be looking for will be extremely disconnected from what a partner will be offering.A potential partner will know HUR can not do anything without huge investment so will be offering the poorest terms as they have them bent over a barrel.The other option is HUR goes down the massive dilution route with a discounted placing.Both are not good for holders with high averages as dilution could mean almost 1.5 billion shares in issue and a poor farmout could even mean losing 70% of the oil.Not a position of strength is it?
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