Yes Centro2008 you are the voice of reason. Company has already said that will have around $350M in bank from deal after paying off debt. This talk about lopping off 30% in the first instance for tax is nonsense.
MC: $350
Cash received: $616M
Debt: $260M
Cash on hand: $350M
Main Asset on Hand: $400M (40% of same field)
MC of $350M vs base assetts of $750M