No the deal wasn't great but could still be a good income in the coming years. Hopefully they virtually gave it away so they can concentrate on Ghana. No one on here knows so time will tell. Until then a certain someone can carry on his vendetta.
The secretary has won the lotto and can see what a furture this company has. All will become clear soon. Placings are not always bad. Another way of moving a company to the next level. Im betting your invested in pet as you never post anything negative there and you seem very anti pet -clon merger. Now that would get your back up..
however you look at it here it dont look good. the peru farmout deal was disgusting in my opinion. money needs to come from somwhere soon and still a court case to overcome
(Doesn't mean the...
.. same will happen here.) Really ?... so exactly how will they manage to get working capital in order to operate the business ?
Could say the same about trampus. Any news on the cost of con court case yet that trampus LOST. Could be interesting. If I remember correctly they had a big placing. Doesn't mean the same will happen here.
being the operative word..... that (soon) hasnt happened yet.. but it will.... which will wipe out existing shareholders like it did for PNG shareholders.
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