I have to agree with you, Cath pulling out is not a great risk, they know for $240 million for 24% of this monster is the deal of the year for them.
Looking at the ongoing drilling and the results, the current RD reserves will be substantially updated.
One doesn't have to be Einstein to be able to observe that from the posted drilling info so far.
And than there is CdL on top of that.
And never forget the TIN!
AVZ Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held