Mongolia could also be firesaled for a discount, or even worse, end up with STX for nothing.
Anyway, I would prefer that L7, Condor, and Gurvantes be kept, avoid the unnecessary cost of Spin Co.
If STX either (a) don't want to pay for L7 and Condor, or (b) even worse, per Colby, are reducing the ratio due to them, then leave them leave them with TPD. TPD SH will still get their coveted exposure to Strike, Strike get the cashflow they desperately need.
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STX deal in a nutshell, page-134
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