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Krombacher

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Krombacher

Re: midtieroil post# 292175

Friday, 10/31/2014 10:49:07 PM

Friday, October 31, 2014 10:49:07 PM

Post# of 360903
What I mean by "discounted" is that the stock didn't fly on Kenya partner announcement, but I think it could very well fly on Chad partner announcement because

1) a big current liability gets mostly shifted to the partner if there are carries

and

2) if the partner is CEPSA, then a buy out of some magnitude (doesn't have to be the whole shebang) becomes very probable.

As for CEPSA as partner in the EEZ, honestly, if CEPSA wants to buys out, I could care less if they want the EEZ or not.

Krombacher
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