TSXV:VER.H - Post by User
Post by
operator5on Jan 08, 2011 10:32am
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Post# 17943230
Structure
StructureI don't see any reason for Vecta O&G to provide acreage AND financing to this deal. If you have 100% of something, why would you give half of it to a group you have 20% of? I have always thought that Vecta O&G is using Vecta Energy's ability as a public company to use some of that flexibility to get project financing. The fact that O&G is an owner of Energy is just added gravy for it, and a fact that we get to take advantage of. Am I seeing this wrong? Off base? How do the rest of you see this from a deal structure perspective?