Post by
tony1969 on Jun 03, 2013 9:21am
So I guess we will now be TGZ holders ....
with a JV with Badr and Bendon. The JV continues. Am I reading this correctly?
Comment by
tony1969 on Jun 03, 2013 9:28am
They are only making an offer I think they are feeling Chet and company out. I say when it is all said and done it will be somewhere oround .70 TGZ for eaver OLE instead of .582. At least we are beginning to have some clarity. The ball is now in Chet's court. Now the negotiations begin.
Comment by
tony1969 on Jun 03, 2013 9:29am
Meant to say around .70 TGZ for every OLE. Sorry for the typos.
Comment by
Roro1 on Jun 03, 2013 9:39am
What we need right now for is for IAG or another company to pop in and make a bid or othwerwise show some interest. I would think that .58 cents will still get PG divorced.
Comment by
robnhood on Jun 03, 2013 9:43am
". IAMGOLD Corporation has entered into a lock-up agreement with Teranga pursuant to which it has agreed to tender its 16,088,636 Oromin Shares, representing approximately 11.7% of the outstanding Oromin Shares, to the proposed Offer."
Comment by
dmuy on Jun 03, 2013 9:57am
IAMGOLD doesn't want OLE, they would want TGZ + OLE.