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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Post by tony1969on Aug 15, 2013 12:16pm
415 Views
Post# 21673347

Any guesses on what TGZ will have to pay in order to finalize....

Any guesses on what TGZ will have to pay in order to finalize....a deal with Bendon?  I would assume that any deal will be back end loaded (royalties and maybe yearly payments....) as it would be less costly in the short term and less dilutive for TGZ.  I believe that the government of Senegal will have a significant influence in these negotiations.  They want this deal done asap.  Remember in the end they own a percentage of the combined company and in essence the land as well.
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