You have “heard” they most definitely do not trust our BOD with cash? It’s more like you’ve seen, through their actions, that they definitely do not and the people that argued the same were proven to be accurate. The $100M was never on the table. Not the full amount, not a partial amount to take advantage of the disconnect. Even if AMC "trusts’ MDMN with cash people need to understand that these cash flow opportunities are 2017. From everything I’ve “heard” AMC is fully focused on using proceeds from production to self fund aggressive exploration. They would be insane not to and, at the end of the day, it benefits everyone involved as the underlying value of the asset appreciates in value (through drilling) and the value of AMC appreciates (of which we own 30%) as they ramp production even though, IMO, we won’t be receiving a piece of it.
Lot’s of upside if our guys have somehow managed a royalty deal but I haven’t “heard” anything related to that option (unless it’s coming from Les). Remember he’s the guy who told poor shareholders that we would be getting at least $25M million upfront a week before the restructuring.
Keeping your expectations in check will allow for a greater level of patience while this plays out. Lot’s of money to be made for those who can wait for an exit.