RE: RE: RE: RE: Unfortunately this one has........ It is because Genel does not know what the vote will be, and besides Petoil also owe 20%, Genel 20%,and LFD 40%. Everybody knew there is oil there. LFD could contact another oil company. You can not just jump in and grab the whole thing. Some poster suggests there might be a delay, there might be another offer, there might be something else. These are all might bes. The black and whilte words is if there is no agreement reached by March the 1st, lfd will return the 40 % interest to the Kurds without compansation.
This is real. We are voting only yes or no. There is no such thing written down I would vote yes if you give me something more, or delay, or get me another higher bid. The worst thing for shareholders is we are not united. We don't have a spokesman representing us to negotiate, and we run out of time.
I wish there are some lawyer shareholders who could comment if LFD can return the 40% interest to the Kurds without compensation to shareholders, and who have never agree to this arrangement.