It's a decent deal and in fact we got one part of moke for free the Wang feng block. Looks like moke no longer exist and shaanmei took both blocks back. Am hoping we get the other block sometime down the road.
On the downside it is sad to see Paul resigning but at least he is still on the board as non exec. Am hoping he stays on for a long while to provide his experience in oil and gas. A very good operator.
I don't blame him though for resigning due to the control bsp has, he has no real say as MD and the language barrier along with travel time.
Great to see bsp stump up the cash but am waiting to see who they will hire as MD.
Wanna see how much they raise at the next time and see if they stagger it upwards for all benefits.
Overall I see this as a positive in that it means bsp is serious and we got part of moke free of charge.
TNP Price at posting:
1.0¢ Sentiment: None Disclosure: Held
the Wang feng block. Looks like moke no longer exist and shaanmei took both blocks back. Am hoping we get the other block sometime down the road.
