mt didn't say that. He said it could be as little as:
>>>If SDRL elects to repurchase then for $142MM, SFL books a loss of $68MM, basically wiping out 2/3 of its return.<<<
That doesn't look so good. In fact, I would ask why risk the capital for this trap door not to be controlled by the financier, SFL? Surely there must be better, and less risky, deals out there for our capital.