Saturday, March 17, 2018 12:51:08 AM
As to a settlement before arbitration, I think it's better for both companies as well. Both could save some legal fees.
I think it's worth a couple hundred thousand dollars for DNI so as to free Dan up to move forward. CGM didn't fulfill their contractual obligations plain and simple. I think it's about a 98% chance CGM gets nothing in arbitration and it's a given DNI does have the PE license. No matter what I hear, or how I think it out, CGM could have done a better job and should have done a better job. Had they came in with a couple drills and a couple extra guys, they could have cranked it out and we'd be working together going forward. Instead they slowed things down and bogged everything down with all this BS. You have to wonder, where would DNI be if they had a different drilling partner?
My two cents checkmate 28
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