Originally posted by IP56
Guys, grab a rod and reel and go fishing for a few weeks or so. The back and forth uneducated (at times) comments prove only one thing "most of the posters have no bloody idea".
Contracts of this size and structure are highly complex and require extensive research and verification. Getting a Developement approval from the council to put in a pool is hard enough, becoming one of the world serious IO players across multiple countries involving beaurocrats, lawyers, government, authorities and shareholders is a significant task.
Give yourselves and the HotCopper readers a well deserved break from the bulls hit and give you wife / husband and kids a hug and enjoy what could be a change for the better in all our lives.
keep it real folks
I'm not a fishing type, but can only agree with the general sentiment of the post/s.
There appears to be much angst and debate (most of it coming from the SDL side of the ledger) over the fact that ANS and SDL have not relisted. Given the market conditions over the last few days, it's a blessing in disguise.....
Regardless, as the boxes get (hopefully..) ticked off on this venture, and we move towards ANS confirming the funds, interest in this JV will build and the end result for all current holders could well be that, on successful relisting, there should well be an explosion of interest in both stocks.
Lets hope we get an update by eom on the SDL/ANS visit/s to Cameroon for negotiations on the extension/redraft of the Mbalam Convention agreement.
In the meantime, enjoy your fishing, or whatever else you choose to pass your time.
GLTAH.
