While everyone’s twiddling their thumbs for the next day or so, I wonder what kind of “financing arrangement” people here would favour? Remembering it has previously been described as “whole of company”...
- what kind of numbers do Senex require on top of current EIG arrangement?
- are we simply talking about an expanded debt facility (presumably through EIG)
- are we hoping a major player acquires a significant stake? (as I suspect...)
whatever it is, apart from the initial SP movement, it will remove the uncertainty factor that’s held back the SP.