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douginil

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douginil

Re: buccaneer1961 post# 5636

Monday, 05/21/2018 4:38:53 PM

Monday, May 21, 2018 4:38:53 PM

Post# of 7218
Africa Oil is one of 3 companies (Lundin Oil and ???) in a joint venture to buy. The JV will put down a little down payment and borrow the rest. With AOI's cash and Lundin Oil's cash and Kieth Hill's and Lundin's reputation in the industry I would think they would have no trouble borrowing what they want.

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