<<FX announce that it buy 51% og POCG shares when they go public this summer>>
In all likelihood, FXEN gets bought out by a major at 50+. When a company like FXEN has the potential to find 5 - 7 Tcf or more (over the next 10 years), it does not seem outrageous for a major to spend $1.7 Bil (or the equivalent of 1.7 Tcf) to get potentially 5 - 7 Tcf of reserves.
Personally, I would prefer to see FXEN go it alone.
While FXEN should continue to concentrate its efforts and resources on drilling and finding new reserves, purchase of part of POGC would enhance its overall value and enable additional future growth while expediting the growth of shareholder value.