There is a possibility would be bidder dilly dallying for chunk resulting board to come out fund raise as backup measure. They would have given ultimatum with time limit a week or two to close. If this falls through he would bang our doors, but am against diluting
Company takeover is ideal option, atleast we will breath and stop feeding our fancy board who acheived nothing except big words. Trust has gone, enough is enough
He is misleading us for a while, he should be exited. Opportunity was given correct the course but he is back in same old way. Its a joke from 'Leader of Irish offshore
So many promises and assurances which never turn to be true, if he try to dilute further would be wiser if he hangs off his boots and walk towards exit door. Lets wait until there is further information from them.
Would be ideal for logp to sell the stake with the money they get from market, they are just squeezing pennies from shareholders. From PVR front takeover is ideal if our master has same ideas of dilution, they had enough time.
Its my view if there is no interest in barryroe lansdowne wpuld have winded the decks now itself, whitegate refinery is crucial for farmout. The trigger to choose different option would be weekend one independent pulled out supporting the govt so this might cause delays in concluding transactions.
In case leader comes with similar kind of massive dilution, it would be better to show him exit path. This shows Barryroe is not nearby or there might be issues to conclude deal due to whitegate sale or govt is on thin edge of majority
Irish govt on knife edge an independet mr.harty looks like is upset as no position offerrd to him. Independent MPs are king makers so demand there slice, lets see how this turn out. Govt is very vital for all future deals to turn
Hello Sobeit, i need some info from you please, you alwys said pvr assets are far higher compared to san leon, but my understading san leon has good assets in morrocco and poland; and its gas project is in final stages of delivery phase. Wont san leon will be cash cow soon?
I doubt he holds any there, looks to me his stakes here is far higher but on other side of the bunch, resulting him to throw as much as muck possible