Camacs focus is firmly in Africa and away from oil and gas.
On any measure this is a vg price for LRL and with Petrochina the partner down the track also a big plus.A cash cost of $2.5m and 10m shares they get a co that has carried forward losses of $10m. Some taxation benefits already in the company.
Now for some drilling.Now for the next deal to fall into place.
done deal, page-3
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