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Gold/Mining/Energy : Red Sea Oil Corporation (RSO) -- Ignore unavailable to you. Want to Upgrade?


To: Tomas who wrote (269)1/18/2000 1:41:00 AM
From: Bart Hoenes  Read Replies (1) | Respond to of 332
 
Any speculation on merger price Tomas?



To: Tomas who wrote (269)1/18/2000 5:07:00 AM
From: Greywolf  Respond to of 332
 
Perhaps irrelevant,

The thought concerning tax was one that there may be a larger group of in country Swedes who could see the negative in this. Perhaps an irrelevant comment. This relative to Lundin Oilïs stock poor showing on the SAX. Percentage wise trading in RSO has been more interesting than LOILY...

You are probably right concerning the company structure for the whole deal to move things along in Libya. With an alternative that nothing is going to happen in Libya unless Lundin Oil takes over I suppose the deal is good. Even so it all depends on the price of RSO shares. The warrant issue will be interesting to see how it is managed.