The Half Yearly report states:
"Ophir has the ability to acquire a 25 percent interest in the Senegal blocks within 60 days of drilling the Kora Prospect and, in the event Ophir exercises its option, it will be appointed Operator. The Option expires on 30 September 2011, unless otherwise extended by mutual consent."
The last few words gives the impression that we may be waiting a bit longer before Ophir make any decision. My opinion is that Ophir may wait for the Decree before making the JV.
Wilsde
The Half Yearly report states:"Ophir has the ability to acquire...
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