Replies to post #13656 on SandRidge Energy, Inc. (fka SDOCQ)

[Congo Mining]

Congratulations to all who held through to conversion.
Looks like we might have gotten a good deal.

Preliminary #s per bond....this is what I was told by my Vanguard...what exactly the warrant and stock structure looks like...i don't know or quite understand.

$14.84 in cash / bond

2.29 in stock (SD) / bond (assuming that's the 16.5% equates to an initial conversion price around 13.75)

1.98 in Series A Warrants

0.84 in series B Warrants