Makes sense to me, I figured the ask for a two-way risk deal would be a bit more than the mid way point between downside and upside, which I pegged at 4.5M to 9.5M.
Given we are salvaging a mess job with this era, it might make sense to bridge Knies through the Matty contract and leverage the near term. Something like 4 years at 5M sans NMC.
