I like both Ken and Philip, but Metgasco is a small company and they will be financially stretched just to get Vali and the the Odin up and running without further dilution.
The company is lowly rated and I do not want any dilution that issuing further shares will bring. The acquisition comes with execution risk and the company has no expertise in Hydrogen, we would thus be relying on the new people who will of course be incentivised to want to keep backing their baby.
I want to see Vali and Odin succeed and then for the jv to further explore the acreage we have as it it an area the JV understands, nat gas has great margins and there is an identifiable deficit of gas.
Thus I cannot back the idea and will vote against the acquisition.
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