Taking a step back, Scott has navigated this company fairly well. We are now the player with 80% (less Govt share) of a multibillion $ prospect. Not many juniors could have achieved this. Contrast this to what happened to FAR where they lost out big time after discovering oil north west of here in the Sangomar Oil field and how the big boys maneuvered to take the project from FAR, leaving them with very little. I think the options are a bit on the generous side, but the overall outcome is very very good compared to where it could have been. Scott is after all a reservoir engineer and depends on financial advise from financiers who of course want to line their pockets and look after their clients. I for one want Scott to get the reservoir engineering right. This is a much better outcome that the original Cluff farm-in proposal and presumably subsequent farm-in proposals.
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