Friday, December 22, 2023 4:22:58 PM
I can't say such an arrangement isn't possible, I've never seen that great a disparity between the current price and what's being paid, but if it clearly came with other benefits, it's possible. I believe such action would elevate our share price dramatically, but I don't know that we'd move close to $10, but even $5 would be a huge move, and that would be justified by the partnership.
While I'm not betting it will happen, I'd certainly love to see it.
I believe that LP has been quoted as wanting more than $10, but I believe that this is the sort of arrangement that she could take without totally compromising what she's after. I'm not sure if she'd go along with 10% of the OS at that price, perhaps 5% would have a better feel to her.
I'm still of the belief that no such deal will be made until we're above $1, but perhaps we don't need $5 or more to get the sort of number that I believe would satisfy LP. I still think over $1 will come with UK acceptance of our filing which could come rather quickly.
Gary
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