RE:RE:Dumped my kast 100k sharesYup its a huge gamble though the countet party is not Asian so its all down to regulatory, legal and political risk and I can afford any delays with trailimg 12 mth return or 49% and Q1 at 13%.
Thankfully the VLE CEO is a PhD with many years of Asian experience and not some anglo cowboy demanding Asian kneel ..in which case nothing gets done, plus the Thailand op from legal to field is 99% Thai which makes all the difference.
That are entitles to all oil free cashflow at a rate of USD 30M +/- mth since Aug 2022 thats in Escrow so closing delays are not material in any sense.
Suppe11 wrote: 98% of zero is zero...lately the shareholders distributed 10m to them hahaha.
It will be long ride. Take a look at Jadestone Energy to see, how long these takeovers in Asia can take.