GREY:STPJF - Post by User
Comment by
oilcansamon May 08, 2014 9:26am
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Post# 22537745
RE:RE:In the event of a sale
RE:RE:In the event of a saleIt's the duty of the board to " act in BEST interest" of the shareholder. Now that can mean a lot of things. One would think meaning to get the most value as possible. I hope.
As for future installations of ICD. It's a gamble that they will all work and it takes time. Now lutes just gave a potential buy a "taste" of what potential STP has. Would you gamble with more installs and perhaps devalue your company with failure. Or just sit back and let the potential buyer ponder on what could be. Sure there is more value in high production but if they fail. Your toast. Not worth the gamble in my opinion. Right now, companies are buying. It's happening all around me. Must be something in the air. Or perhaps the yearly budgets have just been finalized.
Let hope for big things to come out of this. I would not hold my breath for any activity at any STP sites.