Ann: Quarterly Cashflow Report, page-10

How is this scenario re Lundin exit.....Buy 12 percent stake in pxx and insist on the money raised to be spent on Mars & Saturn...To sweeten the deal and make sure money is spent as above make the rest of the deal very attractive so its accepted by pxx management....ie the next steps re money spent on exploration and money to pxx to good to refuse.
Now Lundin have an very rough idea of what is at Mars & Saturn and they also have a blocking stake in pxx being compulsorily taken over by another company...Their next step is withdraw from original deal and let pxx fund Zackly etc
themselves...Thus dropping share value substansially. At a further date down the track when more has been spent on other leases make a complete takeover for pxx....At this point they then could possibly get the whole of pxx for less than the cost of the original JV deal....If an accountant is now in charge at Lundin this would be an exceptional business deal for them....thoughts anyone.?