Hyperdynamics Corp (HDYNQ)

[whitenoize]

Well initial market reaction seems positive. Hopefully this will help funding.
I am of the opinion that remaining funding has been negotiated and was/is dependent on completion of any and all partnership deals. I expect to see funding announcement shortly after government approval of this deal if there are no other farm outs in the works (and I doubt there are).
Good deal for Sapetro, but HDYN not in a bad position with 50% ownership and control going into drilling vs 37% and no control on the failed partnership.
Now we just wait for the other shoe to drop on funding to see where we potentially stand.
Attaboys in order for not waiting until the drop dead to sign the deal this time.
GLTA