RE:StarkDont exactly know what u mean by 'bull case', unless u were just trying to be rude....
I disagree with your side because u ASSUME DeAlba is making decisions as an 'oil & gas' guy....he is not, so u have to look at his background to see what his intention is. He is not here for the long haul, never has been.....
He wants to maximize cgx/fec value, sell and move on.....EVERY move he has made shows us this.....thats what Catalyst Capital does, thats what DeAlba does.....
If they didnt get what they thought they would get in Kawa, it's not in their best interests to be transparent & shout from the roof tops how great their asset is....investment people keep their cards close to the vest until they hit their value peak (Wei results).....then they shout it from the rooftops and sell !!!
Hope u r not in to many investments where u think the company is transparent & open......it should be that way.....but its just not reality.....
We are gonna get paid not only because we r debt free, have a free ride with Wei and still have a nice chunk of ownership, but because there is to much to stick DeAlba with if we are hosed.....not the least of which is conflict of interest being chair of both companies.....does it make sense to anyone Fec/DeAlba would devalue/take a hit on their 80% to hose us 20%....anyone??