RE: Petrobank to buy 16% of WhiteSandsThey've almost made 10 times their investment already on PBG...the most it's going to do for them now over the next few years is probably double or triple at best. Why not take the cash out.
Maybe they want to re-invest in another more junior company with potential to grow 10 times like PBG did. Who cares, better for us IMO.