RE:axqThey have been working on the deal with Terranueva for the last 7 months or so.
There won't be any cash in Axe if David McDonald is fired by his board, so it would be very difficult for Axe to negotiate a new deal with another private company.
Neither Mr. McDonald neither his board will have any credibility if the deal with Terranueva fails.
So, there won't be any other deal.
I know that being fired by his board brings 361,000.$ to David McDonald. Will he say no to this ?