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powerwalker

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powerwalker

Re: Bob322 post# 1179

Friday, 08/16/2013 1:08:19 PM

Friday, August 16, 2013 1:08:19 PM

Post# of 5825
The default notice is for R$ 62 million, not US dollars.

Disclose on the Balance Sheet is probably in the line "Advances to parners" (sic!), which shows ~ BR57 million. Since the dates the default covered isn't mentioned, the amount is probably the June 30 total.

I accept Franke's statement that it is an administrative matter due to the purchase of TNK by Rosneft and will be resolved soon.
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