korean deal still on says range despite security c

quote:

RANGE Resources insists it still has a multimillion-dollar joint venture deal with Korean National Oil Corp even though a 45-day due diligence period has expired and the company has not updated the market.

Investors have been waiting impatiently for news from Range, the tiny Australian company with exclusive mineral and exploration rights in Somalia's semi-autonomous state of Puntland, since it first signed the deal with KNOC in late April.

full story:


http://www.smh.com.au/news/business/korean-deal-still-on-says-range-despite-security-concerns/2006/07/02/1151778809027.html