With all those terrifying problems, minty, perhaps RAB deserve the chance of making a few bucks. The nightmare scenario could however turn out to be..
North Sea Oil....South Atlantic Oil
Drilling in Water...Just Like the North Sea
Aberdeen boom town... Port Stanley boom town
From what you say this stock just doesn't seem the right one for you.If I were you I'd run a mile from it. But I'm not you, so what I'm looking for is my next entry point.
And since when does the farm-in partner also get some of the licence holder's shares? The new partner gets a share of the oil AND some of the license-holder's shares? Mmmmm? No.