gdx...you ask the question to the wrong person.His answer will be yes.But in reality it is not.They just transfered few lease to Canadian company.In return they will own good % of the new company which will add to BDGR book value.We need to wait for the detail of the deal.
Black Dragon CA is a separate and distinct Company.
No idea if it will trade on the Frankfurt Exchange or if another Company will be set up to do that. The PR's hinted that a separate GERMAN company would be set up.
Yes, they transferred our best leases to them, including those with deep rights that they are planning to drill monster gas wells on (with our money also - of course). Our BDGR USA supposedly got stock in that CA company of Lanza's in exchange for our assets (IE_ we "sold" those assets to Lanza for Stock in Lanza). It is already apparent that Lanza is "double dipping" as that company was supposed to pay for the well drilling yet it is only paying a prorata share.
I Don't know if management has moved to CA. Are you asking or telling?
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