Daybreak Oil and Gas Inc (DBRM)

[the fox 52]

Mav,

I am w/ you all the way on all of your points.

I think the biggest "what if" is: can App continue its operations @ $60 oil. If not, JW can be in a strong negotiating position on ownership of the leases.

I know I have brought this up b4, but there must be some doubts in the minds @ Maximilian of App being capable of fulfilling the terms of the agreement.

My logic: If not, why such a harsh penalty? 75% seems awfully strong, IMO.

Happy Holidays to all