What If?

What if the HK/SoftVest block tied up in the Stockholders Agreement (I estimate 1.50mm shares) was untied? What if they swung the other way on everything but Oliver, Auditor, and Declassification? Here is what that looks like. A governance revolution!

Also, see my estimate (gut feel) for #4 at the bottom. Rumor has it the Maricopa County election board is working hard on this one but they might have an uphill battle.

3 thoughts on “What If?

  1. Quite interesting! Alas, the auditor received far too many votes.
    You may recall how much Deloitte hates our business – they are busy scheming to become big “ESG” auditors, and they will be pressuring other clients directly or indirectly to stop using the hydrocarbons that represent a significant part of our company’s value and an even larger portion of the cash needed to continue the buybacks.

    Below you can see Stuart Kirk’s presentation at the Moral Money Summit, in which he refutes directly – and names specifically – the views of Sharon Thorne, the chairwoman of the global Deloitte board, (her profile) https://www2.deloitte.com/us/en/profiles/sharon-thorne.html.

    This is the presentation. He was let go after this (he now writes for the FT, check him out) https://www.youtube.com/watch?v=bfNamRmje-s

    TPL shareholders should oppose Deloitte as an auditor everywhere they have a chance to do so, whether at our company, BRK or any other firm, so long as they continue to seek to nullify the value of this asset.

    Liked by 2 people

  2. Quite interesting! Alas, the auditor received far too many votes.
    You may recall how much Deloitte hates our business – they are busy scheming to become big “ESG” auditors, and they will be pressuring other clients directly or indirectly to stop using the hydrocarbons that represent a significant part of our company’s value and an even larger portion of the cash needed to continue the buybacks.

    Below you can see Stuart Kirk’s presentation at the Moral Money Summit, in which he refutes directly – and names specifically – the views of Sharon Thorne, the chairwoman of the global Deloitte board, (her profile) https://www2.deloitte.com/us/en/profiles/sharon-thorne.html.

    This is the presentation. He was let go after this (he now writes for the FT, check him out) https://www.youtube.com/watch?v=bfNamRmje-s

    TPL shareholders should oppose Deloitte as an auditor everywhere they have a chance to do so, whether at our company, BRK or any other firm, so long as they continue to seek to nullify the value of this asset.

    Liked by 2 people

  3. Something seems off. In your scenario, if HK voted for #4 it would still not pass. They said they would only adjourn if the HK votes were the determinative factor. If they only have 1.4 million ‘yes’ votes without HK I don’t think they would’ve adjourned.

    Like

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