the eagle has landed, page-11

Hey Apoca , LOL

You like that LAX word dont you..

Now could explain to me ..

A company Signs a MOU, takes a month to do its DD .
Then signs an agreement with the other company and the Government of the area they wish to invest in .

They they say they have to go back to their own Country to get regulatory approval . On what? may I ask ..

Do Australian companies need ASX approval to invest in overseas Countries..

Now , if approval is needed to raise the 50 million , I still think they are LAX in not having this in the pipeline before signing a PSA ..

A previous poster stated that there would be no problem ..

I think he mentioned Lukas Lundin would be involved ..

Now we have another poster stating that because this company has Holdings or Minerals behind its name , it may need to change to Oil before it can raise the money ..

Very confusing and conflicting posts ..

I await your explanation , lets see how good your Forte is .

ghosty