This is a fairly interesting proposal from TRF's perspective. Once the project is operational they will be getting $10-14 million a year from their 20% free carried interest. This should be enough to do a lot of exploration without the need for significant capital raisings.
I do not like the deal from the IFE perspective.
loki
trf is pulling the ife strings imo ..., page-9
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
