The risk now is quite high. But the rewards can be huge, if everything moves the ball rolling. TOR will do it, not only for us, but for himself. He has a huge number of shares. And not in his interest that they turned to dust.
Investors are waiting. Not so bad, otherwise everyone would be sold. Better still get 25 pennies than 3 for example.
Just a couple of minutes left to take up your share placement
Hahaha, these guys on the other board are actually hilarious
after the transaction time can pass a couple of years until the whole infrastructure will be built, and while the campaign may even benefit from lower prices, because low prices help to reduce costs.
One of the problems we might face is that even if the farm out is announced, with the very low oil price in play, we may not see a lot of movement in the share price. We will be a well funded oil company selling a product that is not in high demand at the moment. I really hope that I am wrong.
You guys are in the wrong place to discuss fish, here we are talking about the program who wants to be a millionaire
I believe that if you take the share placement there are no fees to pay.
Atleast someone is praising TOR, the most disaster CEO he lied so many times and achieved nill; along with II's he is scooping entire asset and throwing general public to bin. How could he allocate 66 million shares at 25p by leaving general public aside. Now II's will be happy and he will retain his CEO position for few more years
Gentlemen I'm fed with people downing this management they have discovered many good assets and your arguements will all change if farmout goes through remember tullow could not get a farmout for their huge Ten field but they were able to do it huge loans thats why their shares have dropped too and also the problem with the Ivory Coast good luck
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