A solutionMOA should offer 1 share for 1.5 shares of ANX & 4.5 shares for NIS based on forward earnings & that would leave the NewCo with 100 million o/s. A 1 for 2 roll back leaves 50 mill o/s & a name change to Viking exploration should just about wrap the whole thing up...Just some thoughts to get us out of this bind. think of the interesting properties & dynamics this new firm would have.
One of these parties will have to be aggressive to get any deal done.