RIA 0.00% 3.3¢ rialto energy limited

Ann: Rialto completes transaction with Vitol and , page-21

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  1. 1,021 Posts.
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    re: Ann: Rialto completes transaction with Vi... Another thing is, given that Vitol own more then 65% of CI-202 (They brought up during the cap raising) how does the 50 US million work in this regard? It's circular argument since an asset you own 65% of owes you 50 US million? It's in Vitol's best interests now to claim the full 50 US million straight away anyway. Sorry for the ramblings maybe somebody can interpret it better.

    I think rob mentioned talking to banks about financing, so the interest cost of that will take a lot of the cash flow as well. Unless they can hit up the IFC again for a cheap rate.
 
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