I think while a bit of 'real talk' is good for us, I also think we need to keep our heads. Remarking that Swala has a 9/10 chance of going down because they have sided with Magna is misleading imo - you need to evaluate each company's position when they enter into an agreement with Magna on an individual basis.
Obviously, Swala is in big trouble if these farm-out deals do not get signed. If we're reliant upon Magna funds long term, I definitely agree with you Borrks. However, if Magna is a short term prop to keep the company running while these, potentially multiple, farm-out deals are completed, we will all be eating our words. We also know that this is what has been planned.
Time will tell. I have no doubt SWE management couldn't be working harder to pull this off and I don't for one second think they are being complacent.
Cheers
SWE Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
