Missed a bit:
Commenting on the LOI, WHL Energy Managing Director, Mr Steve Noske, cautioned "that there were a number of pre-conditions to be met before any legally binding Farmin Agreement is signed but noted that the potential farminees technical capabilities and stature is in line with WHL Energy’s stated aim of partnering with an organisation with the capacity to help take the valuable Seychelles asset forward”.
WHL Energy will keep the market informed of any further material developments in accordance
with its disclosure obligations.
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