KAR 0.00% $1.90 karoon energy ltd

new ann., page-30

  1. 297 Posts.
    rathmore,

    I think we'll be ok too but this is not about grandfathering. This is a separate deal that requires regulatory approvals similar I suspect to the the Foreign Investment Review Board here.

    And Julian Assange conspiracies aside, I don't think it would be too much of a leap to suggest that the largest and most powerful corporation in Brazil could have a word in the right ears to have this thing quashed if they had the mind to.

    I am not at all suggesting that this will happen, I was just curious if anyone knew what type of regulatory approvals we are waiting for and whether it is just red tape or a real hurdle that needs to be jumped.

    Let's hope this question becomes moot sooner rather than later!
 
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