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Re: Jojo post# 76904

Friday, 03/29/2013 9:02:37 AM

Friday, March 29, 2013 9:02:37 AM

Post# of 101798
Jojo,
I don't know if SNEY has lost the lease or if they have already renewed it. SNEY needs to let shareholders & propective investors know.

The Pampana lease was for 3 years starting in late 1999. That means if the lease has not been renewed, they "officially" expired in Aug-Octish 2012.

I think Dredgemaster said, SL usually gives a 6 month grace period. Well 6 months is April.

I don't know as to the status of the Pampana leases. As a prospective investor, I need to know.

For shareholders, if SNEY has not renewed the leases & they lose them, then the stock is not worth much imo.
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