RE: Meanwhile Behind the Scenes?? agree with your view on KRG delays. Keep in mind there was a deadline to drill by June. An extension will be sought by the buyer to ensure they can meet the minimum work commitments.
A deal will happen - just need clarity on the structure, the price and the buyer. Love to see
.40 share deal but with the trading activity, looks like market is expecting the asset deal which, after paying krg is arounnd
.20 per share.
And agred with the Soros point - after this fiasco, cant see soros hooking their wagon to the Vast train.
And again, Vast has publicly announced on Nov 23 and rumours are circulating that the three partner group are actively marketing the block. In all honesty this is Vasts only play.
Keep in mind, not all blocks are created the same. Oil shows does not mean it has the permuability or perosity to flow. Just ask Shamaran on their experiences on Arbat and PUlkhana.
Good luck out there