RE: RE: RE: RE: Magnificent Earnings!If you are familiar with the intentions of the merger with Adamus most of Endeavor's remaining cash will be used canceling bad hedges on their production hedged at $1033. So in a quarter or two most of this cash will disappear. This was my biggest sticking point on the merger with Adamus (dilution coupled with the cash disappearing making it a rather expensive acquisition ). The company is definitely relying upon reserve growth from Nzema and satellites to justify the price paid.