David, I have a problem with the RAC comments made on page #2 of the DASH.
Specifically, the two paragraphs basically add no value and just confuse the  reader (ie) what is your opinion?
Is this a good sale or can significant  recovery (on a risk adjusted basis) occur if we convert the sub debt and  infuse more equity?
Are we not receiving enough value from the CFPC given  the possible recovery of this sector?
The DASH is deficient in its view of Basic's prospects given current energy  prices.
Jeff/Dick/Ray, what are your opinions?
Independent of the desire to move on - what is the right call - I do not want  to give value away in any divestiture or restructuring.
Regards

Basic
David, I have a problem with the RAC comments made on page #<NUMBER> of the DASH.
Specifically, the two paragraphs basically add no value and just confuse the reader (ie) what is your opinion?
Is this a good sale or can significant recovery (on a risk adjusted basis) occur if we convert the sub debt and infuse more equity?
Are we not receiving enough value from the CFPC given the possible recovery of this sector?
The DASH is deficient in its view of Basic's prospects given current energy prices.
Jeff/Dick/Ray, what are your opinions?
Independent of the desire to move on - what is the right call - I do not want to give value away in any divestiture or restructuring.
Regards
basic prospects page number cfpc given possible sector dash deficient away divestiture equity receiving value rac comments current energy prices david problem