FAR 2.00% 49.0¢ far limited

Cash call coming ?, page-65

  1. 16,576 Posts.
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    Sorry Szaba you lost me?

    I was talking about the SEC filing for the disposition of COP Senegal BV not about whether that triggered PE rights or not....arbitration will decide that.

    The original indemnification was for the 35% interest in Senegal disposition. 

    https://hotcopper.com.au/data/attachments/1407/1407169-e4e89bb0e572ed0243e43dd7886b5546.jpg

    My point was COP indemnified WPL for certain conditions in the disposition.....the disposition has, according to WPL pundits happened.....so no more indemnification....the indemnification wording has been removed from COP's filing after the transaction allegedly completed.

    https://hotcopper.com.au/data/attachments/1407/1407181-357941ea315fd5ce845085946de9ea4a.jpg
    Note 6 above, just tells you the break down and profit from the sale.

    I believe @Kfann is right.... from 35% interest, to the entity.....woops. Issue PE notice then PE rights don't exist....you can see the connection IMO.

    DB

 
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