06-14-2016, 04:35 AM
Since all the major parties have access to the data room except the shareholders, it is telling that the CVR's are currently valued at $1.04. Most likely explanation is that we were lied to, that it will (or has) appraised not as a "Giant", but as a mousey <7tcf gross and that there won't be an A7 well drilled before ceertification. Or else there is an "understanding" that keeps the price from moving up. If there is an understanding, someone could make a lot of money busting it. Show me the OSH / IPI appraisals !