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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Post by Goldfatheron Jun 05, 2012 11:19am
296 Views
Post# 19981063

b/o Price

b/o Price

Ole is worth XYZ Price. I  think it will be sold for $750 mil to $950 mil. Been years of Debate here. The list of Buyers that will Invest that Much $$ in WA is Limited. But approaching  $1 Bil is a ton of money. Now the more Dilution, the lower the sp.  I personally think Chet is only thinking abt the Dollar Figure, and  NOT the sp. Saudis want only $$, not a swap for shares. Chet will boost his Take w/ his Options.  Again, the Project is only worth X, . Granted, the negotiations   debate  POG, the economy, WA risks, the $300 mil Plant, and other major points. If he can get $ 800- 900 mil today, thats gonna get  the same or better sp for us now vs waiting another couple years w/ dilution and debt.    ajmo

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