Re: Venezuela: ConocoPhillips Closer to Seizing CITGO Shares over Massive Award

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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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agtavy

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Re: Venezuela: ConocoPhillips Closer to Seizing CITGO Shares over Massive Award

in response to

Re: Venezuela: ConocoPhillips Closer to Seizing CITGO Shares over Massive Award

auntierooski

posted on Dec 26, 2023 12:03PM

According to GRZ management, they expect the net residual amount after paying taxes, CRVs, options and ESOP to be about 75% of the current US$1.024 billion owed.

That's about $768 million net or about $7.17 per share based on the roughly 107 million shares outstanding.

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