Mike, that's how I read yesterdays ANN IE: a arbi loss equals 41% Cadlao for RAI.
But wBill says it would only be the VenturOil 16%, cos a arbi loss would lose the 25% working interest that was finance dependent, and also lose the original 25% that would be compo'd by the `~7 mil.
I say phk 'em, bring it on, they aren't flying straight.
