GA has shareholder approval in place to allot 15% of company to...

GA has shareholder approval in place to allot 15% of company to new shareholder plus the 10% capacity already in place.
Our share of this deal is about $8m which will be covered by the ctgs due next March or more likely by the overmarket price placement to a mid size oiler looking for a Malaysia foothold. Wouldn't be surprised to see Petronas as the party concerned. GA is looking to kick start OXX after a couple of very ordinary years. The other sleeper deal is the OBL Derby field. Its all due in court in September, a deal will be done before them otherwise BOPL get nothing. OXX / OXXCB serious multibagger potential now IMO. GLTH.