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Ann: Update on El Zorro Joint Venture, page-25

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  1. Bubbles101
    1,033 Posts.
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    26/08/21
    11:09
    Post #: 55586660
    That clause is to do with Tesoro making an offer to Bahamondes to buy out the remaining 20% of the project,
    not about getting to 80%

    Zeff has mentioned previously in an interview that they were now in negotiations to actually do this.
    My opinion is Bahamondes knows where the size of the resource is going and this is all
    part of a push for more money.
    TSO Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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