Back in June (8 months ago now), TIG entered into a Heads of Agreement with the JV partners to increase the shareholding of both projects from 80% to 100%. I must admit, I don't know how important this is, but they said at the time that it will improve the value and bankability of Amaan North so I was quite impressed.
The formal signing was scheduled for December 1. Then it was pushed back with formal agreement rescheduled to December 31 and document signing by January 31. These deadlines came and went and the signing was again extended to the end of February. Now Feb has come and gone with no signing and no news. Not a murmur. That cant' be good can it??
Back in June (8 months ago now), TIG entered into a Heads of...
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