Frontera transcript of earnings call..Waiting, here is an transcript of the call. I see no direct hang up so far, they seems to have an ongoing process with the Guyana government, but yes this could be the reason why the share price dropped so much after the rights issue. A big rally could emerge when the approval comes.
Richard Herbert
Yes. I thought so. And I mean the update there is that the request for approval has gone in. There’s been a number of conversations with the governments and clarifications on the status of the JV and how it’s being structured. But to-date, we haven’t yet received any formal feedback from the government either to approve our farm-in or any idea of when that’s actually going to happen. But obviously, in the political situation in the country, we are either expecting some results in the near future or otherwise there potentially will be some delay, but we’ll update people as soon as we have some definitive news on that.