Looking at the release, Its very interesting to see Santo only received a small amount of tenements for their spend. I think the negotiations were tough as they know Nick Mathers knows what AJQ are sitting on IMO .
Santos just 2 days ago paid Congo Phillips $2 Billion for their interest in NT ... no wonder they did the deal so close, as this would have increased the price to AJQ I think.
Soon see for this sub $50m Marketcap
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- Ann: Binding Term Sheet Executed for Farm-in by Santos
Ann: Binding Term Sheet Executed for Farm-in by Santos, page-42
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