GREY:ENGFF - Post by User
Comment by
Columbus1494on Aug 25, 2015 11:05am
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Post# 24048910
RE:deal or no deal
RE:deal or no dealWhy does Columbus Copper want this deal?
They have cash,a small number of outstanding shares,they have recieved an exploatation permit regarding chromite,they expect to get an hydrocarbon license in Albania.
When they get bought by Energulf the number of outstanding shares will be much higher.
The only thing I see that Energulf brings to this deal is Lotshi and 1711.I still think there might be some hope regarding these two projects.We will see soon.