another thing I thought of is this . Back in the day before I retired , a few smart companies included a clause in their JOA’s under the preemtive rights provisions that triggered preemptive rights in the event of a change of ownership . If Eric had/has done this and Brookfield is successful in its offer for ORG , then we could force ORG/Brookfield to disclose a value that they put on Raffa and preempt the offer. Personally , I doubt whether Eric would have included such a provision , after all he was old school , and we already know that he didn’t have any language in the farmout agreement with ORG that required them to appraise Raffa or any discovery in a timely manner. I hope Mr Nador is able to play a smarter game. This is a big boys game and needs big boy thinking .
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