Either the deal can be done, consequently increase remuneration and incentives. OR the deal cannot be done, move aside David and Bod. or significant remuneration decrease. I will be voting 'No' to resolution 1 and resolution 2, unless the FO announcement.
There should be no excuses. The current oil price is high and forecast to rise PLUS shareholders have been led to believe that 88e has substantial high quality leases. The context for negotiations cannot get any better! Otherwise what is the problem, poor negotiations skills? On the face of it this should be a good FO, in which case the bidder should be highly incentivised to get the deal done.
It is a cop out to argue that there is some really special deal available, just a matter of waiting. This FO should be a great deal, remember there was significant interest in the FO in December 2018.
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