04-11-2017, 08:42 PM
Phil's law suit could take years ?? Odds seem high for some type success . Currently our lawyer is reviewing our questions for dissenters and helping us prepare to invoke our rights under section 193 to a new appraisal . We appear to have most dissenters in a group to move forward . We have access to the Paradigm Report which includes all of Interoil assets vs BMO who failed to value all the assets . How does Exxon explain the no or low valuation for certain Interoil assets .?? We feel Paradigm needs an update downwards . We leave that to the new Court appointed appraiser .
A court imposed settlement which we expect will give us the right to participate in Phil's US suit .
After we file for our right to an appraisal Exxon is required to make another offer . Unless that's one big number that offer will be rejected . We expect a crap offer at that time and rely on the Yukon Courts to come up with a fair Net Asset value number . The history of dissenters in court is quite positive . Or the story continues,
A court imposed settlement which we expect will give us the right to participate in Phil's US suit .
After we file for our right to an appraisal Exxon is required to make another offer . Unless that's one big number that offer will be rejected . We expect a crap offer at that time and rely on the Yukon Courts to come up with a fair Net Asset value number . The history of dissenters in court is quite positive . Or the story continues,