MUFC-1 - yeah mate I know it is an old article ... but
very relevant IMO - because we are now at the end of phase 2 - which is what my article discusses. My point is - I think they are going to have a much better idea of how big our resource is after this final well and I think we will stay in a trading suspicion until the results of this next well are known - I think WPL will then make an offer for our % of the browse or possibly do a takeover.
This is just my opinion, someone with more $$ could come on board. I do not believe we will get a bad deal, there is no way management would sign up to a bad deal 'because they had to' - because they do NOT have to - they can simply do a Capital Raising - so don't think for one second that they have to take a bad deal. I don't believe our backs are against the wall at all.
Sorry for the rushed reply - gtg get my train!!
Ele.
wow, page-36
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