first impressions, page-13

agreed.

my understanding is they see the deal with the US/Singapore financier going ahead and it should be an equity/loan deal with the equity deal giving the financier a good chunk of the company at a share price that will reward shareholders and a (significant) loan that will allow awd to develop the entire field.

but it all comes down to what happens to awd's licenses as the political stuff plays out. fortunately (in my view) the licences and Joint Activity Agreement are held with a Crimea state owned entity (Crymgeologia). imagine if it was with a kiev entity!?