ofcourse they can’t base a valuation on results not released to the market. This will deny other bidding parties the opportunity for a trumping bid. Furthermore, how would a FAIR valuation be undertaken , is the valuation undertaken on all targets or only targets drilled at the time. Hence why the push back in target 3 results and the MRE
That line “ in the absence of a higher bid “ is just a smoke screen for these shenanigans. If they were serious about that , they would be releasing results on a frequency rate pre the bid from hanCOCK.
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