the clincher in that announcement was simply one line for me "Farm-out on track for 30th September – expect re-rating".
Just goes to display the confidence of the management team that a deal SHOULD BE DONE. "expect re-rating" for me is basically a give-away that they are pretty sure that the share price is going to undergo a significant re-rating.
As others previously have stated, why would they have come out with this announcement if they weren't confident in a deal being done.
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- investor briefing sept 15
investor briefing sept 15, page-34
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