PAY ATTENTION!!!Nova sold out with 28 days left before they had $100 million due, bank doors locked tight, and $2 b in debt under incredibly crappy circumstance, but still sold for a decent price .......
THERE IS ABSOLUTELY NO WAY THAT ANYONE CAN SAY THAT TIME IS UP FOR OPTI UNTIL THE BELL TOLLS!!!!!!!.........And that bell rings in 5 months........with $hitty production AND stagnant oil prices..........THIS IS IMPORTANT....THIS IS CRUCIAL>>>>>DON't LET THESE MOFOS TELL YOU OTHERWISE!!!!
NAV on this stock before 30% sale and 30% dilution was $30. Add debt and today it's ~$10.........with zero chance of failure........every attribute is now proven.
Companies that go BK have spiral deficit that has no way to dig itself out. Opti has just reached the surface with OBVIOUS reasons to gain ground......; oil prices and production!!!!
Ponder this...... even if BK happens (just to entertain those who like to try pimp that biotch), will all of their assets get yard saled for pennies on the dollar???? Of course not. Worst case, it bids up to current valuations (one year later when oil prices are insane)....and it becomes reaaly clear that it cost a buttload more money and time to get anything built, drilled, surveyed, sactioned, approved, designed, contracted, engineered........hmmmm wait......is there anyone who knows anything about oilsands valuations in Fort Mac?......oh right......let's not let reality cloud our judgement before we try to think........or in Mark's (RBC) case....open our big fat yapper.
Giver