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Message: Ithaca Energy Inc.: Agreement on Early Conversion of Dyas Loan

I'm not sure on the math that they have used to calcualate the additional 15.15%, it would seem that the numbers don't tell the truth.

Beatrice should have been 40.4%

Jacky should have been 36.36%

Athena should have read 28.28%

Carna should read 16.16%

and Stella should read 26.93%

Dyas' total take should be 40.4% of whichever interest that Ithaca has in those projects.

If that is what it should be, this is still a good deal for Ithaca, no debt and 35 million in the bank and now being cash flow positive. This looks good for investors.

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