There is also a second tranche to the acquisition of 900,000,000 shares and 225,000,000 options to be issued upon the completion of the first hydrocarbon well been drilled and a US$20 payment upon completion of the first four wells. (Reference page 21 of the explantation memorandum in September on resolution 8 and page 16 of the 14 November 2006 Independent Expert Report.
Regards
SP
There is also a second tranche to the acquisition of 900,000,000...
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