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Arm's Length Transaction=PNG 27.5% Option
#3

tx,

While you believed this as true, many were unaware.  Phil states in Q3 cc  that the Gov't's option to acquire another 27.5% prl 15 stake was to be at commercial rates and doubts still remain.  Recent articles prove that.

This clarification is that the option will be in fact an at arms length transaction.  This is good.  I wouldn't feel quite right if our short friends weren't properly aware if this fun fact.

The paucity of paying attention sometimes necessitates  confirmation and restatement of integral facts.

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RE: Arm's Length Transaction=PNG 27.5% Option - by Tree - 12-18-2012, 10:42 AM

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