re: Ann: Letter Of Intent Executed for Pathfi... Thx Malmoe, but you will need to post the source for that statement, as shall I say, your memory hasn't always been that reliable.
Yep Auto, but at least this had $SS announced - albeit a confusing agmt. Wiah they would simply write what is net to AKK WI's as that is what they are on the hook to fund. The partners pay their WI - unless of course Malmoe is correct, then AKK should make this statement every time - "WI X%, paying 100%."
Nowhere can I see that AKK pays 100% of costs for the 1st 3 wells in purchase agmt.
http://www.asx.com.au/asxpdf/20110627/pdf/41zfds8bk1vrh0.pdf
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Ann: Letter Of Intent Executed for Pathfinder Far, page-22
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