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Oromin Explorations Ltd OLEPF

Metals & Mining Gold


GREY:OLEPF - Post by User

Oromin Explorations Ltd > G1 read page 5 of the directors circular under Background to the Teranga Offer...
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Comment by tony1969on Jul 07, 2013 7:33pm
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Post# 21593193

RE:G1 read page 5 of the directors circular under Background to the Teranga Offer...

RE:G1 read page 5 of the directors circular under Background to the Teranga Offer...You may be right hoosier but OLE has not given us shareholders a clear answer on this. The fact that they keep bringing this issue up in the recent past makes me believe that it is a big deal as far as the OJVG being bought.  The government has a lot of power here since they will be stakeholders for life.  I have heard form more than one OLE shareholder that Senegal wanted way too much money from TGZ to waive OLE's buy in back in 2011.  Time will tell.  The supposed deadline for the buy in is July 9th and both shareholder meetings are this month so we should have an answer by then.  Thanks hoosier.
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