HDR hardman resources limited

just a theory ..., page-65

  1. 193 Posts.
    re: just a theory ... cunning sey Hi

    I have been getting confused about Premier and Fusion - and using google came across this reference...


    http://www.premieroil.com/Asp/templateManager/render/sections/17/render.aspx?siteID=2&sID=16&documentID=316


    which seems to suggest that Premier has options over the Fusion share of PSC B and PSC A when something is declared commercial. Chinguetti did that for PSC B - so Fusion has sold out of that - and will presumably be bought out of PSC A when either Sotto and Bogue is declared commercial.

    Given that Fusion was taken over by Sterling - then at the end of the day - their only interest would seem to be via the their partnership with the government of Mauritania.

    Could anyone - especially those involved with the stock longer than me - confirm if this is their understanding?
 
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