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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Post by mjh9413on Jun 03, 2013 2:21pm
184 Views
Post# 21476676

Do they have equity in OLE?

Do they have equity in OLE?

Do they have a vote? Think not, at least in terms of OLE shareholdings. Initially the Saudi's were meant to take an 'equity interest' by donating $3MM as seed money but I do not believe it was equity in OLE. Same with BADR. I guess that is a question as I have never been certain about it and, as stated, have never found the JV Agreement anywhere to really see. ???

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