There is a possibility there are now two financiers of Cadloe.
One being Viking and possibly Peak have put forward Albers group or Renco. Albers or Renco offer would need o be ready willing and able to provide immediate full financing
If the farmin agreement is still legally in place, then PKO would be entitled to their 25% interest.
The reason why the farmin is likely to be still in place, is Blade have not paid out on their $6.6 million termination amount.
It could be a stalemate or a windfall or total loss. BTW typhoon season is drawing to a close,
There is a possibility there are now two financiers of...
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