Hyperdynamics Corp (HDYNQ)

[mare3210]

IMO if Tullow is forced to commence with their contractual obligations, they will approach HDYN and offer us the settlement. DANA of course will also have to pay up.

In this case where Arbitor ruls in our favor, I think the settlement offered to HDYN in total by both parties could be to up to 50 mill USD. Adding that to 15 mill in the coffers that can mean up to 3USD pps.

If this goes to court i think the settlement will be lower, probably 20 mill in total from both companies + legal charges for them.

In any case I dont think Tullow is willing to drag this one for years. Lets see what develops.

Tullow writting off Guinean assets today might not be the smartest think they ever did. How can they now argue that they intend to follow up on their contractual obligations?! Additionally if they wanted to drag this legal battle for a long time, I am sure they would have not written off the value at this point! Thoughts?