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clock Created with Sketch. 26/02/24
17:16
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Originally posted by aero39:
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Obviously labour's politics are part of it, but I don't think that is the main reason. Assuming we do not have issues hidden for us, I think we are now just a retail lottery. No institutions want to have anything to do with oil & gas + they certainly do not want to invest in a 20% minority holder with no decision power. Even the fact that a private company could call the shots on a public listed company is a red flag for them.
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Forgot to mention. Is it RRE or HHR that make the final FID considering RRE has the majority? Perhaps RRE has gotten the chills. Would explain the drop which are similar to a NSTA rejection.
