Unfortunately whoever did the deal got royally played, they were obviously out of their depth because the deal is swayed 100% in favour of HPX and they stand to lose nothing. I guess that's why Friedland is a Billionaire. But management needs to revisit the agreement and find a way out, because guaranteed there will be another dump by HPX to fund the next round of drilling as soon as they get they can.
AON Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
