TPT tangiers petroleum limited
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Tangiers has also agreed a payment to Galp of US$3.4m, in stock...

  1. sheldon75
    127 Posts.
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    24/09/14
    11:36
    Post #: 14020114
    Tangiers has also agreed a payment to Galp of US$3.4m, in stock or cash, if the market
    capitalisation of Tangiers exceeds US$50m within seven years of the agreement. This
    payment will also be required if Tangiers delists for any reason, such as due to a change of
    control.

    So this looks like does not have to be paid straight away
    TPT Price at posting: 3.8¢ Sentiment: None Disclosure: Unspecified
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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