11-20-2012, 12:11 PM
The Company will be getting a combination of up front payments and subsequent contingent payments for the sell down. The Company in fact has just stated in the conference call there will be substantial up front payments.
The Company has stated, and Morgan Stanley in its report stated that "The amended Project Agreement will grant PNG an option to acquire up to some additional amount of Elk/Antelope at similar terms determined in the sell down." Where are all the doubts about that coming from? Surely, no one thinks we can trust the shorts for the truth on this, or anything else.
The Company has stated, and Morgan Stanley in its report stated that "The amended Project Agreement will grant PNG an option to acquire up to some additional amount of Elk/Antelope at similar terms determined in the sell down." Where are all the doubts about that coming from? Surely, no one thinks we can trust the shorts for the truth on this, or anything else.