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oilsleuth

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oilsleuth

Re: big gttom post# 22214

Sunday, 01/15/2012 3:37:32 PM

Sunday, January 15, 2012 3:37:32 PM

Post# of 42999
TXO was "sold" the 49% stake over seven months ago but they still haven't settled up and formed the joint venture. Their well heeled buddies somewhere in Asia who they recommended to EEGC six weeks ago still haven't come through with the ... cough ... $50 million. Maybe as a consolation prize Malcolm will return waving a ... cough ... $50 million letter of credit from them.

Some might question how proficient they are as an investment facility at raising funds.
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