05-21-2016, 10:22 PM
Art the deal has major issues .
A proper fairness review by a truely independent party would reveal the flaws of the deal .
They can be litigated .
Zero value for TBR
Zero value for other PRL-15 items
No FID payment
No second appraisal payment
Self serving CEO deal
Etc
The largest shareholders control the vote , they need to think hard about selling on the LNG price bottom .
A proper fairness review by a truely independent party would reveal the flaws of the deal .
They can be litigated .
Zero value for TBR
Zero value for other PRL-15 items
No FID payment
No second appraisal payment
Self serving CEO deal
Etc
The largest shareholders control the vote , they need to think hard about selling on the LNG price bottom .