This is what Chatgpt's Deep Research function came back with - $175 million in equity raised. To this you can add the ~$140 million raised via the WGO takeover and another $140 million for Talon. So around $455 million. Doesn't look that flash compared to the current market cap. But does anyone actually think the value of STX is $480 million, given the WGO transaction ($440 million) and the recent MIN asset sale? I think we'll need to wait for the share price to recover to a more reasonable value or for a corporate transaction to take place before judging the ROR on SN's tenure. But it is undeniable that he took us from being a penny dreadful explorer on the brink of bankruptcy to an producer with significant remaining upside. Also, I'm sure he's looking forward to not having Reinhart and, before that, the Scottish idiots undermining the company at any opportunity.
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