Hey mate, I guess all options could be on the cards and cannot be ruled out. I think if they were to sell out, it would be a fire sale, considering the price of oil, it certainly wouldn't attract a premium.
Although we don't know what oil is in the France tenements, I believe that these are fairly valuable as licences are pretty hard to get over there, so they aren't bad assets to have........If they get exploration approval soon, then we have a different ball game.
Until we hear something, the fire is still burning and she's not dead duck yet......
GLA
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