RE:RE:Think about it...Fair enough....just doesn't make sense to hold onto the rig at such cost unless they had a fairly good idea of when they might expect to renew their licence. While, I don't think it's about renegotiating the PSC, you point more out importantly, that DXE hasn't performed the required work and isn't in compliance with PSC. Begs the question, why would DXE antcipate renewal at all (regardless of the changes in the licence process) if they haven't completed the required work?
Who the f knows?!?
I have given up trading it and just hold / add on extreme dips. We'll see if that strategy pays off in the long or not.