'TxPm' pid='20767' datel Wrote:Does any body with a little more knowledge of the workings of the PNG govt want to explain this http://www.interoil.com/investor-relatio...approvals/
What it means is
EnnerOles proposed/selected partner(s) in PRL 15, 237 to lay 3.5$ Billion for a % stake have PNG Gov't approval.
See, partners will not lead with their chin and announce if all the palmducks are not in a row. That is what shorts do.
Poetic license taken in a portion of the above. Not insider info just insighter info.
Also known as check-mate. It's still good to know we have a complicit DPE.