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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by nicky1969on Dec 22, 2011 9:31pm
224 Views
Post# 19347525

RE: RE: cinco and taxistealer

RE: RE: cinco and taxistealer

your areguement backs up exactly what I said.  Why wouldGenel pay 25 million for 50% when they could try for 100% of LFD.    I agree LFD is not in a position of strength, that is why when GENEL will offer monies for the whole dog and pony show LFD will not really have a choice.  Again, why would GENEL pony up cash for only 50% of LFD now....which would only be 50% of profits from LFD down the road.  Your arguement of a financing makes absolute no business sense !!

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