Good evening,
I doubt blue sky will take us over. If anything the drillers getting payments in shares will allow them to sell them off in blocks to other institutions and raise money via equity to fund future drilling and production while bsp still owns Tnp. If the mc is 60m which is 3.4cents and the drillers are getting shares at 0.6cents, that's literally a 566% return on their initial investment.
Ann: Updated Presentation Materials, page-21
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