Oromin Explorations Ltd OLEPF

RE: where do the Saudis fit in this scenario?

[Goldfather]

  Hey Fig...  the Analysis of Oles value  that Mackie and Stateside/Bay Street has been giving lately includes  Benden's 43.5 % share, and Badrs as well. Those guys are saying the $1.20-$1.30  p/ gold oz. We only get our 43.5 % to the Retail Investors  totaling the 132 mil shares out.  Assuming you know all this ....  but yes they have to pony up about  $400 mil ( not cheap)  We get our 43%  or  abt $175 mil divided by 132 =  the $1.32 ps..... thats at the current 3.2 mil  OZ. ... i think theyre giving Chet the time to Update to 3.7  oz....   That will get it up over $1.50-....  all of which doesnt go to Bender. Not sure how they egt paid??? in  NEWCO sahres or cash. I think the carrot here is the Potentially increasing sp of NewCo....of what could be a $10  stock.... i did hear a rumor that their IPO was going to be in the Range of $7........  But Remember that Rangold is on the other side.... they are RICH. Have less shareholders than Ole... and a sp of  $90-... and a mkt cap of $8 bil !!  They could write a check for MDL and OLE ! OR... write a check to OLE and build their own Plant....