RE:RE:Resthaven/Jayar Montney I put the link in my post to the press release, we sold a entire play area to Waterour for 340 million dollars, pluS they gave us a boat load of warrents, and we had a 170 million dollar equity position in waterous fund in 2018. We owned 16 percent of the fund and were granted a ton of warrents on top of this and JR had a board seat.
Waterous made a bad deal regarding an oil sands asset and decided to reprice the fund, and JR resigned from the board and ask for our money back, this was in december when we were at the bottom of the market, waterous made us a bad offer and we are in negociations, or we go to court.
We want likely 200 million, if we get 100 million likely a good settlement. I think they offered 45 million.
IMHO