Ann: Red Emperor Completes Georgian Deal , page-9

  1. 201 Posts.
    From the proceeds of the drills if successful.
    If not then it is upto Strait which avenue it takes to raise more money if they want to continue drilling in Georgia.
    The point I was trying to make is that it doesn't say anywhere that RMP will have to pay any more money for owning 20% of Strait and there could still be life left in RMP if the 2 wells in Georgia fail, depending on the financial position of Strait and their ability to raise more money.
 
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