GRV 6.67% 3.2¢ greenvale energy ltd

boe call option, page-22

  1. 3,637 Posts.
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    Had a long chat with a close confidant. The theory goes that Les white has agreed to sell enough of his holding (at very substancial prices as to market). GRV ESM ECM could not afford to find the money for an agressive attack on Oil from shale.

    Speculation is that the buyers are a Malaysian group,very well funded---they together with BOE will JV the groups .deposit,requiring little of no dilution to GRV ESM and ECM.

    Should the option be taken up,Les will stay on an finally materalise his very long awaited dream.....all current shareholders will be well rewarded for their long wait

    Captian Starlight is Findlay and Co nominee company ,these prople are very agressive promoters......enough said
 
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