Just got an email from Malcy.... He is kind enough to share a bit more info....
>>>
Thank you so much, very kind words!
The bottom line is that they have to pre-empt within 30 days as you know so we must be halfway through that already. Realistically, with Cairn reluctant they need someone else who was also in the data room with them, that narrows it down a bit. I think its 25-75% against but I know they are pulling out all the knobs to get a deal.
DOC and a biggish rise in resources is imminent, I expect that in August.
Hope this helps, happy to try and answer as and when.
Kind regards
Malcolm
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