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Been_Burned_Before

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Been_Burned_Before

Re: 10 bagger post# 4122

Friday, 07/07/2006 9:37:37 PM

Friday, July 07, 2006 9:37:37 PM

Post# of 14027
10 bagger: To set some things straight . . .

First, today's PR does disclose that there is a definitively affirmative response to a definitive offer, as it is a "move on the USD $2.25 per share offer."

Second, I don't believe that the $76.5 million is the 5-year commitment for the acquirer; no, I believe it is the revenue projections for the Libyan facility, and the $28 million due to Lyamec is compensation for that revenue.

Been_Burned_Before

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