EMP 20.0% 0.8¢ emperor energy limited

funding agreement, page-23

  1. 736 Posts.
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    Seuss,

    Mate have another read of the LIND agreement. Neil has been very strategic about how it is written. The options will get up.

    This situation for OBL is going to look very different in 2 months.

    1. Cash on tap
    2. Grant of permit
    2. Cash injection from OXX
    3. Cornerstone investor / farm in

    I believe LIND will play this very smart but not letting the SP shoot off, however Neil has been smart in making sure that they won't be able to play too much with it. On the other hand, why offload, they have a truckload to make if the company is successful i.e taken over


 
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