Replies to post #4381 on Meren Energy Inc (MRNFF)

[Roundandroundshegoes]

Thought I heard him refer to it in his presentation.

[Ninja11]

AOI may have been shopping around a Lokichar deal however it doesn't seem to likely that this was ever on the table,. Why would they give away an 18% equity interest in the entire company for $450 Million when they could have gotten $700 for just 10% of one basin!