Shell would be a great partner and I would swap RRE with Shell for an even larger divestment percentage. Now we are stuck with a private outfit not helping us shareholders. Lets say we took the divestment with Shell and then had a CR at 8 cents. Shell could have made a side del OTC for the 1 B shares released from escrow, but I know this is hindsight mapping and we have to hope for the best.
Unfortunately hope is not a recognised investment strategy. If it sounds to good to be true .......
Ann: Appointment of Specialist Corporate Finance Energy Advisors, page-69
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