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Re: LR68 post# 141179

Wednesday, 06/11/2014 9:29:28 AM

Wednesday, June 11, 2014 9:29:28 AM

Post# of 173238
He apparently had to take this information to the Middle East.

He'll be begging for a partner and will offer a better deal than he should have to, I think.

There is going to be some severe dilution unless Briscoe all of a sudden becomes a better negotiator than he has shown in the past.

A profit sharing rather than an ownership stake would reduce the need for so much dilution.
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