If I’m wrong then that’s ok. No one is right every time.

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Catch2200

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12/12/21

09:32

Post #: 58237671
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Originally posted by Davy Boy: ↑

That's all well and good BUT what IF you are wrong? What IF this is the first volley to get the best farm in deal?
I think its way too early to call the farm in process a failure or success.
I have no idea why you would even comment on the txt messages from Scott to OTP, he has posted some of those here many times.
Are they legit, I think so, are they price sensitive as you suggest....absolutely not in the end everyone can call or email Scott and get clarification.
I don't understand how you think a non binding deal is some how binding?
In several emails to Scott he has reiterated a 2 pronged approach to the drill.
1. Farm in
2. Go it alone.
Why is it so shocking to you, and others, that the first bid is a low ball offer?
I imagine you drive a hard bargain when buying a car......do you walk up and offer a premium straight off?
Why did Scott accept this offer?
Maybe it was the best most concrete one they had and they have taken it to in fact put pressure on some on the sidelines?
Maybe the strategic early inclusion of a partner with very deep pockets has a longer term view attached to it. Like getting a discovery to production asap?
The valuation you place on IVZ is pretty simplistic as the majority of the MC is made up of speculation.
Lots of things could happen between now and drilling. I think a few need to take a chill pill for now. The 8TCF and 247 mmbbls haven't gone anywhere yet.

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If I’m wrong then that’s ok. No one is right every time.

IVZ Price at posting: 12.5¢ Sentiment: None Disclosure: Not Held
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