I'm stale, don't know about anyone else. Looks like a few more months of pain but daylight appearing?
Are they going to try to bite us for more $ soon? LOL
"Update on the Wailawi Oil & Gas Project Further to the announcement of 1 December 2015 in respect of the proposed timetable for the finalisation of shareholders approval to the acquisition by Enhanced Oil & Gas Recovery Limited (EOR) of Centre Energy Petroleum Limited (CEP)’interest in the Wailawi Oil &Gas Project, East Kalimartan Indonesia and EOR’s re-compliance with Chapter 1 and 2 of the ASX Listing Rules the timetable as previously announced has been re-scheduled in accordance with the following timetable: Date Event 26 April 2016 Pre listing capital raising-placement 27 April 2016 Receipt of independent expert’s report 29 April 2016 Notice of meeting, explanatory memorandum and collective due diligence finalised 4 May 2016 Draft notice issued to ASIC and ASX for review 3 June 2016 Dispatch of notice of meeting and explanatory memorandum to EOR shareholders 15 June 2016 Finalise and lodge prospectus 8 July 2016 EOR shareholders’ meeting 22 August 2016 Close offer under the prospectus 23 August 2016 Completion of the Proposed Transaction 25 August 2016 Issue EOR shares to the applicants under the prospectus offer 26 August 2016 Satisfy Chapter 1 and 2 requirements and seek reinstatement of EOR securities to quotation 27 August 2016 Re-admission of EOR securities to trading
EOR Price at posting:
1.0¢ Sentiment: None Disclosure: Held
