CND 6.25% 3.0¢ condor energy limited

oil oil oil please, page-58

  1. 29,733 Posts.
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    PC what do you think their reasoning is (if this is in fact
    the case ?) ?
    lost faith in africa for whatever reason and selling out cheap ?
    maybe offered a reasonable price for all their share rather than a percentage of it (re farm out)perhaps doubting their ability to fund it till completion ?
    maybe some of their major shareholders/directors have lost faith and want their money back or more of it than they would if 20 mill came on the market.?
    i'm going to have to go to the expense of an international call and see if i can get a straight answer.
    i wouldnt rush to sell tomorrow if i was you with drilling
    in progress and only a week or two to go, and lp2 coming up.
    cheers from varkala.
 
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