I appreciate your interaction.
Even if the CEO says no common equity or preferred to fund the CHK asset purchase, (and some people heard it differently) that does not rule out equity issuance to fund future needs, cap ex needs. I can tell you that no one is going to buyout the whole company GST without them developing the properties (derisking) , so GST is going to need significantly more money (not talking about the asset purchase) to develop the properties to the point that they can consider a sale of the company. So that was my question to you and anyone else on the board. As I said I am relatively new to GST , but so far my analysis leans to the concept they will have to sell equity, want to get others' takes.
At 37:10 or so on today's CC: We will not be selling common stock and we have no plans on selling preferred.
As for future funding, they are talking about joint venture partners to provide the capital to develops the properties. No sense in doing a JV, and give up some profits, if you are going to issue common, is there?
I appreciate the interaction as well. This has become a significant holding for me so I "blather" here in part to have someone point out to me the error of my ways, if that should be the case.