Drunken Sailor: TB was asked the question about the investment and he said he believed money had begun to flow and it had. Empire have confirmed receipt of $100k.
Yes, you are right, nothing will come as a surprise I am sure, maybe a nuisance, but not a surprise. However, I am sure that Empire are representing the truth. The fact of the matter is that there is a signed Option Agreement. It is NBD's decision whether they exercise that option in whole or in part. Am certain that before they parted with $100k they would have satisfied themselves of the prospect and undertaken their own due diligence on the same information that HPS would have been provided with. So would imagine that on the basis they are proceeding, they rate the chances of GS somewhat more than 2% as is rumoured to be the case.
Thinking about it logically and irrespective of what has gone on in the past, if the Koreans were satisfied of the chances of GS (and bearing in mind the extremely high price of oil) they may not want to release upgraded information about the prospect until all other factors are in place, just in case they do have to apply again for the licence, should they miss the middle of May deadline for whatever reason.
In suggesting it could be a scam, are those individuals suggesting that NBD are not real and Empire has published faked documents? Or is it being suggested that NBD are not serious contenders and have gone through all the trouble of lawyers and signing contracts for some other purpose?
Not really sure how emailing someone can really help, as it is relatively easy to fake an email reply.
However, one thing I am certain of, is that if Empire published those contracts knowing they are fake, then the directors would of course be guilty of a criminal offence and face a lengthy jail term.
AI
