12-13-2013, 03:53 AM
["the 100M per tcf may initially seem low in comparison to the $1.29 but it's a tradeoff we made to get 30% rather than 25% of the plant and we see much more long term value in that"]
Yes, quite. They yielded some short-term gain for much larger longer-term gains.
And this is exactly what some of the big holders are apparently disappointed about, as they're subject to quarterly performance reviews, etc.
But should we have forfeited bigger longer-term gains which made more business sense, in exchange for a more immediate pay-off (presumably by going with Exxon)?
Since we don't know what was on the table for Exxon, this is all speculation anyway.
Yes, quite. They yielded some short-term gain for much larger longer-term gains.
And this is exactly what some of the big holders are apparently disappointed about, as they're subject to quarterly performance reviews, etc.
But should we have forfeited bigger longer-term gains which made more business sense, in exchange for a more immediate pay-off (presumably by going with Exxon)?
Since we don't know what was on the table for Exxon, this is all speculation anyway.