You are mistaken. Westrock holds the leases, always did it seems, and if MNLU fails to get the deal funded, Westrock will walk off with over 10,000 acres of BV leases and the well. REad the documents I posted and see the links I posted. AEXP only had an option to buy the leases from Westrock, and defaulted on that option, according to the MNLU SEC report. MNLU now has a "tentative" deal with Westrock on the leases AEXP had an option on, and if MNLU does not get funding and finish the well, rest assured Westrock will bolt and find another O&G company to buy into the deal and complete the well. In fact, if Westrock still owns 4 million shares of AEXP, then AEXP which is now free of the MNLU merger deal (which tied their hands from raising cash), could now raise cash, and back stab MNLU next, as far as I can tell.
The question now is, can MNLU find a partner or raise cash with the officers and insiders tied up in the Mercer Gold SEC court case, with MNLU officers, ex officers and directors, and insiders all slinging mud at each other in open court documents?
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
