RE: Potential and very long time22 Jul 2020 18:40
I will have to take look at all they players and run some numbers, but here is some things why Empire is looking attractive to me.
1. 100 % percent of ownership which may change but as for right now what ever they find will be theirs vs 21.5% of falcon the question which numbers will be bigger 100% of the empire vs 21.5 falcon. No idea
2. Empire have control on the spending vs falcon is passenger on the very big train. Origin potentially can/will drug their feet as they do not give 2 sh..ts and falcon do not appear to have any contractual push to make things move. How would you feel if they delay another year or two??? Falcon will be dead and origin simply takes everything. I have not seen contract and nothing has been communicate from the Falcon leadership, so that brings me to the next point.
3. Bad communication from CIO even if it is same damn thing
4. Empire leadership are taking the same risks just like their investors by continuing buying the stock, where Falcon leadership not so much. Personally this one is big one for me.