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Toxic Avenger

10/02/15 2:04 PM

#71387 RE: Pocho69 #71386

If MG and LP are saying 12 cents, then you can bet it's between no tender offer and 1 cent.
I'd bet on never.

Veblen

10/02/15 4:38 PM

#71391 RE: Pocho69 #71386

Sounds like another PUMP to me.

BigBaboon

10/02/15 5:25 PM

#71392 RE: Pocho69 #71386

MG is not always right with his thinking…

$100 million dollar minimum has probably double since drilling and trenching has started…

Plus the 15% retained interest is probably another double of the down payment… so say $400 million dollars was offered…

That's a minimum of .30 as I see it…

But no offer has been tendered… and it is along ways from being accepted if one is not even on the table…

Time will tell though...