01-26-2017, 01:52 AM
'Palm' pid='79152' datel Wrote:Northoil has done a great job presenting reality. Exxon knows what they are doing and they have addressed the issues which were a shortfall the first time around. Assuming this deal is approved by shareholders, Exxon/IOC will hold fast to the BMO valuation vs dissenters and budge very little if at all. It's then in the court's hands and they will have to weigh BMO vs Paradigm and you know Exxxon's team will argue hard for the BMO valuation. Will be interesting but people need to be aware of all opportunities and related risks. No slam dunks by any means.
Has BMO been paid yet? Until such time that the parties involved show proof of transfer of funds (fee payment), the BMO valuation is suspect.
I did not read anywhere that the fee has been paid.
Distrust And Verify