I find it baffling that so many of you (majority) are so convinced that you’re being screwed over. Realistically MIN are the only ones that would ever be interested in acquiring NWE, there won’t be a suitor from left field that lobs a takeover offer for 16% of a field with one well drilled with a majority operating partner like MIN holding 84%.
We have 30 bagged in a few years, that’s pretty massive. All the dreamers saying “say no until they offer 50c” are just stupid and have zero idea of how a company should be valued.
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Ann: Norwest Directors Unanimously Recommend MinRes' Revised Offe, page-139
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