Originally Posted by
sailingfun
That is certainly a change from forum sentiment a year ago. Everyone said that management was desperate for a agreement and the only reason TA15 was not vastly better was a MEC corrupted and in managements pocket. All we needed was to show a little resolve and they would throw money at us because they had to have a agreement and we had huge leverage.
If you can show where I posted that, I'll acknowledge it. I don't think you will.
The claim is that we have doubled the value of the failed TA. I have no idea if this is correct. My judgement of a TA will not be on the multiple of a failure but on RESORATION. I suspect that we have increased our leverage or the company wouldn't offer twice the previous value. That however is with several sections to go and an undefined profit sharing grab. The only reason the TA was not better was because the previous MEC was not willing to fight for more. They took the easy way out and defended it with a TVM argument. There is no set timeline and your desire for one doesn't change that fact.