RE: Just who is disecting the NR's here?? Lies!!!
I wrote:
SUBJECT: RE: Just who is disecting the NR's here?? Lies!!! Posted By: FKloster
Post Time: 10/16/2006 10:02
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My interpretation from the previous posts were that perhaps the delay was because the IMD shipping company could save $$ by waiting a week for the reduction in the price of gas.
Kloster
I stand corrected. Please replace the word IMD with AFA. AFA is indeed resposible for the costs. I still stand by my comments that the known reduced cost of fuel in 1 week was a POSSIBILTY for the "fuel shortage" news release. I and possibly some others were "reading between the lines" as Herb always says. Makes sense to me. Simply my opinion.
Here is the link to the sedar listing. The information for AFA's resposibilty can be found on page 2 (after the table of contents) last paragraph.
https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00002079&fileName=/csfsprod/data70/filings/00968841/00000001/C%3A%5CBOWNE_FILING%5C34459%5CEqmda.pdf
"The agreement states that Afri-Can will pay a mobilization demobilization fee and daily vessel chartering costs plus fuel consumption."
I appologize to the board for posting inaccurate information previously.
FKLOSTER