our major shareholder sees these fields a massive profit...

our major shareholder sees these fields a massive profit drivers, IRR at 75%+ per well. The prime reason for their investment was the huge disparity between PV10 and the market price of the company (PV10 and current market price differs by circa $200m from memory), maybe the question we ask is when will the major shareholder say lets be done with this and take the company out with a bid at 30c? they would then pocket the gap with intimate knowledge of field drill plans and forecast profitability and cashflows.

interesting thought anyway from my perspective