GREY:ROAOF - Post by User
Comment by
grommeton Nov 27, 1999 11:04pm
36 Views
Post# 1104296
RE: Q's for Taff (or anyone else)
RE: Q's for Taff (or anyone else)Some answers:
1.) revenue generated from UN lifting contracts.
2.) Yes, TLM are a patient bunch aren't they. All
this time has past and the ASE has not halted the
company, a clear indication that they are in
contact with OIL and probably TLM.
3.) your calculation sounds about right.
4.) either way OIL wins. Sanctions in place and
deal with TLM means revenue from lifting contracts
plus royalties from the TLM deal. Sanctions lifted
- potential becomes overwhelming -Iraqi oilfields
are, well, HUGE!
5.) Iraq is producing oil right now. The sanctions
prevent them from re-developing war damaged fields
and expanding current production. There is a
message on Silicon Investor, if you can find it,
that states some of the known production #'s.
Quarterly reports, financials etc. are of no
relevance at this point. You must read between the
lines to grasp the scope