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bullish on pep 11, page-6

  1. 465 Posts.
    lightbulb Created with Sketch. 3
    Upmarket, what you say is incorrect.

    BUY free carried for first well after which reduce share of PEP 11 to 15%. Therefore will pay 15% of costs incurred on PEP 11 licence, after that should there be any 'revenue' BUY will get 15% of that.

    Regards

    Pixby
 
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