Good article, hopefully the wheels will start turning once Parliment resits.
The 20% free carried interest will go, for example and there will still be a state interest but it will be a more subdued formulation," says Lorimer.
"Exploration and production costs will be covered before the state starts taking its 20% share in profits. This is much more regular across the world and more acceptable."
CEL Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
