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AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

Aim to develop and manufacture the best technology graphite in the world
Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

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INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

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Message: payment of Settlement

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payment of Settlement

posted on Sep 23, 11 10:34AM (Log in to use the IP Check tool) ^[?]

Just thinking of when we finally get our settlement and how we get paid. Pretty sure that hugo isn't just going to cut us a check for $3.8 B. So just was thinking about the most likely form of payment which I'm guessing will be crude oil.

So how many tankers will it take to get our money? Assuming the typical tanker has a capacity of 1,000,000 barrels and let's say $80/barrel. So assuming each tanker is worth $80 M so that would take about 50 tanker loads. Logistically not as formidable as I initially thought.

Just a ramble as the world markets keep tumbling down.

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