Hyperdynamics Corp (HDYNQ)

[whitenoize]

Conference call: Mixed review
I like the positive tone and confidence in the work schedule.
I was very disappointed to learn that they did not have at least a financing framework in place before releasing the partners.
IMHO a merger would be the worst possible outcome for shareholders. If he is looking for best value for us that would not even be on the table. We would only get current market value for shares which would then be diluted into a larger company. A major discovery would have minimal impact on a larger company, perhaps a double at best. Whereas an independent discovery would provide multiples of current valuation even with 3X-4X share dilution.
Fingers crossed for a partner deal....