0:43
Bert Stedman
117:29 - 118:13
"the issue I think that we'll be faced with at some point is a discussion on the state's position being diluted. And the only way you can keep it from being diluted is pony up your portion of the cash, generally speaking."
“the issue I think that we'll be faced with at some point is a discussion on the state's position being diluted. And the only way you can keep it from being diluted is pony up your portion of the cash, generally speaking.”
- Speaker
- Bert Stedman
- Timestamp
- 117:29 – 118:13
- Source
- SFIN-260528-0900
- Community
- Alaska News
- Captured at
- May 28, 2026
From the transcript
Like, significantly smaller, not relatively smaller, virtually evaporate, and they would still have huge cash flow coming in for their amount that they have invested in this project from what it— how it appears. It would take very small percentage of equity to have significant cash flow coming And the issue I think that we'll be faced with at some point is a discussion on the state's position being diluted. And the only way you can keep it from being diluted is pony up your portion of the cash, generally speaking.