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For now, this is just a rumor. Supposedly, JF is looking into Cape vessels for FRNT.

If true, it actually is 8 firm orders plus 6 options from two yards. At the price mid-point,
$45.5M, all options exercised, that's $637M. On just the firm orders, he would probably need
10-15% down, on $364M, or $36.4M - $54.6M. Is there another private equity offering for
FRNT in the works?
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