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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Post by wojooilon May 20, 2016 9:48pm
150 Views
Post# 24894480

Maybe positive?

Maybe positive?"The purchaser has the right to extend the outside date in 30 day increments if the required regulatory approvals have not yet been obtained"

so if sino is having troubles with the financing why extend for 30
days? Could sino not extend the deal and let the original deadline pass and they get their escrow funds back because is was a regulatory approval hold up ( investment Canada ) 

sino no extended if they were hurting for cash let the deadline pass blame it on investment Canada walk away with your escrow cash in hand unless I'm mis reading these press releases
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