In reality it was the WGO deal that screwed us royally.STX would...

In reality it was the WGO deal that screwed us royally.
STX would have been consumed by it and dropped the ball on Walyering to a degree then they come out all cashed up and smelling like roses with significant share appreciation.
Before that the price ratio was well below 2 with us being around 18c and them 24-32c
While we can complain about STX the messaging last year about debt funding still concerns me about our board and management.

STX would become a very nice takeover target as everything becomes pretty clean and a high gas price mitigates lots of risk and I think they have a lot of share appreciation and depending how our Mongolian assets are structured there could be significant upside there moving forward so while disappointed not all is lost and a decent win is still something I would be grateful for.

If the price is where we think it will be then all incentive shares to board and directors should be scrapped but wont.