My guess is that they see oil EVENTUALLY but not enough to at all justify $680,000 or $1.6B shares (at .0005 or lower plus a 7.5% fee and 10% interest) for a 3% net revenue share (which I wish we could see that specific legal definition of net revenue in this contract but that part is not included in the 10-Q attachments - it doesn't look like anyone even proofread the contract as it refers to Section 19.9 as the termination clause when it is Section 18.9 so an OBVIOUS error was not checked - also the page numbering is very odd / skips and exhibits are missing).
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