The more I think about these 20 million options Santos has in ICN the more I think conversion may happen sooner rather than later. If Santoslike ICN's dirt enough to start drilling campaign in February, why wouldn't they pay for these ICN shares as soon as they can (31 Dec2006 at earliest), while they are cheap. Find out soon enough.
The more I think about these 20 million options Santos has in...
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