"Does Anglo still retain 70% of the rights to Antena/Xupe or not?"
No, IMO, they dont as the proposed MOU JV has not been executed. From what I can make out the Antena/Xupe is 100% owned by OGX.
Its seems Anglo have paid the $3m without executing the MOU JV.
You bring up good points and I enjoy your posts but you are just presuming that there is a binding agreement because Anglo paid a $3m pre-payment.
At the end of the day the proposed MOU JV has not been executed and is currently under discussion.
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- Ann: DRILLING COMMENCES AT ANTENA - XUPE DEPOSITS
Ann: DRILLING COMMENCES AT ANTENA - XUPE DEPOSITS, page-131
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