RE: Minority stake was in RNS TO FUND Drill1 Oct 2024 17:24
Dusterinmong.......kever is a holder...he is not deramping.....like many....he is just telling how he sees it.....nothing wrong with that.....its good to debate on valid points....he can be right in what he says....as it has been difficult in the past....to get this CAMEROON asset moving.....so one can take cautious approach.....we all know....stake will be under 50%....we will have controlling stake...question we differ on is percentage giveaway....i still think it can be less than 40%...maybe not close to 15%...nevertheless less than 40%......kever does make a good point in...saying...who in right mind...would give away...$15m for only 15%....to that....i can only say......where there is POTENTIAL there is VALUE...remember we will be going in production in short-time.....dont have to wait years and years....so this PARTY whi is already in production ,,,could easily afford say 15% for $15m....possibly tied in with other FUTURE DRILLS....we can only speculate.....these are my thoughts only can be wrong.