The 4 month escrow period would fit in nicely with 3rd - 4th qtr drilling. We will know shortly, as delays to Dharoor drilling could lead to a loss of Gov support.
The AOC SP indicates that capital raising is over. Lundin is fully loaded. I suspect the SP will slowly drift up on small volume to levels of twelve months ago.
When action finally starts, Range will be the place to be; AOC is far to illiquid.
The current game is between AOC and the Punty Gov. Notice in Faroles first 100 days report, Range is no longer the target. The Gov seems supportive of Range, while challenging AOC!
The 4 month escrow period would fit in nicely with 3rd - 4th qtr...
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