CE1 0.00% 0.9¢ calima energy limited

Just my 2 cents,Seems to be a couple of possible scenarios to...

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  1. 312 Posts.
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    Just my 2 cents,

    Seems to be a couple of possible scenarios to me.

    Buyer is doing due diligence, 3 weeks seems a long time for me for a partially developed field. Either flow is as reported or not. Just haggling over price.

    Possibly another bidder wants due diligence, who is behind the time line.

    If there is more than one bidder then a data room should be set up for possible buyers.

    We have the cash and production to develop the field in a reasonable timeframe.

    Just my thoughts, could be anything.
 
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