Can any one explain to me how ROG plan to pay for these tenements, let alone pay for their redevelopment?
ROG are nearly bankrupts as far as I can tell.
I only ask because I once owned Acer Energy (which controlled the Innaminka tenements) and, back then, the acreage actually looked pretty good. Which also raises the question: why would Beach even agree to sell it? And to a cash-starved micro-cap, no less?
Thanks in advance.
Ann: Ext. to Acquire Innamincka Dome Project from Beach Energy, page-2
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