question is how much would it sell for? i can see a vulture swooping in and getting it for half nothing. and then selling barryroe for peanuts and still making a killing. while we get toasted.
www.ft.com/cms/s/0/a95e039e-fbc0-11e3-ad9b-00144feab7de.html#slide0
Surely it hasn't failed until they admit they are no longer in discussions with anyone. and if they are no longer in discussions with anyone that becomes price sensitive information which they would need to make public via rns.
and 24 million is enough to drill one more well. no equity issue.