Should Teuton buy out AMK? So there has been some forum talk about Tudor buying out AMK. What about Teuton buying out AMK? Sound too far fetched? Maybe.
The scenario I contemplate is what happens if one of Teuton's other plays makes a discovery? It would have to be in one in which they have a larger ownership position, which could potentially double the share price. What now?
Perhaps a financing, then a share plus cash offer for AMK. The result would be a 40% CARRIED position in Treaty Creek, plus the NSR. Now Teuton is no longer a small potatoe. I would argue, it may even hold higher value than Tudor, given the entire 40% is carried to a production decision. At a minimum, it would mean the combined TUO/AMK is unlikely to continue trading at a pro-rated discount to Tudor.
Just some Saturday musings over coffee...comments?