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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Post by EOIMon Jan 01, 2012 3:09pm
218 Views
Post# 19363142

Sky Leak Credibility and other facts

Sky Leak Credibility and other facts

The fact that both Longford and Genel came out with the news release to acknowledge the validity of this leak indicates the credibility of the reporter's source of information. As such, I would highly believe with high level of confidence the remaining leaks he presented in the report which key ones includes:

- Genel Energy is close to sealing an agreement to acquire an additional 40 per cent stake.

- A deal, which is likely to cost Genel tens of millions of pounds

- Genel already owns 20 per cent of the field, and the new transaction will hand it control of the asset.

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