Xombie, there isnt $3.4m coming TPT's way. They owe GALP this for consideration of the block licence because of the cost over-runs. The subsidary company DVM will pay GALP this if they settle the block licence transfer within 6 months (or up to 12months if agreed). if not, then If they reach $50m market cap within 7 years they owe this to GALP.(Cash or shares)
This is my interpretation........
TPET down ~70% on LSE, page-9
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