name a potential 5 bagger in 2024, page-198

Thus BS should be able to afford the Nido deal. But why are BS in default and still are as of today (unless SGC announces something tomorrow to reverse the default notice). One possibility to consider is that BS developed buyer's remorse and intentionally defaulted - in other words, they changed their minds about being in the Philippines. After all SGC, with talk of big plans with regards to a major Philippines drilling campaign, purchasing pipes and even booking a drill ship gave up on the Philippines (I wonder how much money they blew before they gave up upon realising that they simply could not raise the funds to drill even for a Cadlao EWT slated, I believe, for Q1 2023). Most in this forum thought WOW this is amazing, the Philippines is going to propel SGC's share price. If BS is doing this intentionally then Nido reverts back to SGC (and probably sooner than we think). If that happens then SGC might consider calling Nido a write off because I doubt they will get another interested party to come in and do a deal. Nido has too much negative baggage.