McDade has an enviable contacts book across West African production and it's only a matter of time before Sterling acquire an oil field given McDade’s in-depth experience in the region. McDade could bring production assets into Sterling totaling $100 million or more without issuing a single dilution share. The current market capitalization is £37 million and predominantly backed by cash. Shareholders buying stock up to 20 pence would be largely hedged by this 14 pence cash value and the management premium that is bound to begin pricing in shortly in advance of a production acquisition.
McDade has an enviable contacts book across West African production and it's only a matter of time before Sterling acquire an oil field given McDade’s in-depth experience in the region. McDade could bring production assets into Sterling totaling $100 million or more without issuing a single dilution share. The current market capitalization is £37 million and predominantly backed by cash. Shareholders buying stock up to 20 pence would be largely hedged by this 14 pence cash value and the management premium that is bound to begin pricing in shortly in advance of a production acquisition.
McDade has an enviable contacts book across West African production and it's only a matter of time before Sterling acquire an oil field given McDade’s in-depth experience in the region. McDade could bring production assets into Sterling totaling $100 million or more without issuing a single dilution share. The current market capitalization is £37 million and predominantly backed by cash. Shareholders buying stock up to 20 pence would be largely hedged by this 14 pence cash value and the management premium that is bound to begin pricing in shortly in advance of a production acquisition.
McDade has an enviable contacts book across West African production and it's only a matter of time before Sterling acquire an oil field given McDade’s in-depth experience in the region. McDade could bring production assets into Sterling totaling $100 million or more without issuing a single dilution share. The current market capitalization is £37 million and predominantly backed by cash. Shareholders buying stock up to 20 pence would be largely hedged by this 14 pence cash value and the management premium that is bound to begin pricing in shortly in advance of a production acquisition.