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Ann: Binding Heads of Agreement for the Sale of Lake Johnston, page-124

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    My pleasure, B. If the suitor for LJ was of lesser stature than MIN I'd be concerned right now. That said, I'm glad I'm not exposed. Too little upside prospect, with the outside risk of a binary outcome, for basically a still-overweight shell exploration company now that the operations talent has left.

    It'll be interesting to see what the quarterly says -- esp. the cash balance. My guess: somewhere in the low $2Ms, including the $1M HOA signing payment received from MIN. We'll see.
 
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