G’day @onthepunt. I was in Hardman back then. The takeover offer actually came in (and was accepted) around 2 months after the initial discovery was announced. It probably took 8 months before it was finalised but the initial offer was really quick. No drill stem test or flow tests for Mputa either at that stage. It was only based on wireline logs. They had Mauritania discoveries as well at the time, but it was the potential in Uganda that brought about the takeover. If we stay at such a low valuation then a low ball takeover offer would have to be a real risk for us at this stage and possibly happen sooner than most think. AIMHO
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G’day @onthepunt. I was in Hardman back then. The takeover offer...
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