PRM 20.0% 0.6¢ prominence energy limited

Ann: Western Gas Secures 100% Funding Commitments for Sasanof-1, page-7

  1. 1,509 Posts.
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    from what i can gather, now that funding is secured it triggers the placement for the (approx $5.5million -$7 million - 25% portion of PRM drill funding) I just cant find where it states when all these shares flood the market?

    Also.. On confirmation of a discovery do people realise that Western gas have the right to add a third member to the board, thus giving western gas majority votes over GLV x 1 member and PRM x 1 member.

    Anyone? or is it all white fluffy rabbits in here?
 
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