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clock Created with Sketch. 13/02/18
16:42
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Originally posted by Clark888
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"My question is, is Havilah so cash starved that they can't drill test this themselves? Surely you do a deal with the majors after you've ground truthed the geophysics... Don't want to sell the farm before the harvest" These are only my random (happy) thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional expert
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Couldn't agree more, I've just seen too many JV parties get steam rolled by a major JV partner, because they didn't come from a position of strength. I would have thought that the more HAV can do to demonstrate that they have something, the better the JV terms they'll be able to negotiate.
(20min delay)