Oromin Explorations Ltd OLEPF

RE: IAG

[Roro1]

Here is why IAG may be in this equation. IAG is already reducing exploration activity in Mali as a precautionary measure due to the existing conflict there (causing, at least in part, the drop in IAG share price). About half of IAG's output comes from its mines in Mali and neighboring Burkina Faso. So IAG needs to kick it up somewhere else; plus IAG needs to show its shareholders that it is moving foward despite its Mali exploration redcution. A purchase of both OLE (and a cheaper) TGZ does all that.