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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by tony1969on Apr 29, 2013 12:27pm
124 Views
Post# 21314273

RE: question

RE: question

Double what does TGZ's agreement with Senegal have to do with OLE.  It is with TGZ not with OLE.  OLE must have an agreement in place that clarifies what they will have to pay the government as far as royalties, taxes, etc...on all of that gold they have.  Just because in this example TGZ buys OLE does not mean that TGZ's agreement automatically rolls over to OLE.  They are two separate companies and TGZ is not the only interested party.  What if Randgold or IAG are interested do you guys not think that they want to have agreements on paper with Senegal before they make a move.  What is it that you guys do not understand? These guys will be pruducing gold for over 15 years not one month.

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