Don't know what land they sold earlier in the year but I'm sure...

Don't know what land they sold earlier in the year but I'm sure AOK would be very interested in Dev Area 9, and reasonably interested in the other assets.

I would very much expect something to happen in July once AOK's Con notes mature and RBL is established. It would be remarkable if they did not try something, with a possible vote on related issues at the differed AGM (July). Having followed the companies for a number of years, I reckon a 90%+ certainty AOK will make an offer, but it may not be announced to market if it for purchase of land only.

Assuming a script offer, AOK could reduce admin costs (sack staff) and rationalise the debt (using their own cash and RBL to get better interest rates) for huge immediate cost savings