RE: Where''''s the battle ground going to be..Once the buyback program was halted, the recent slide began. With management not suporting the price, there is not anything on the horizon to do so. Dalton has no intention of selling or giving away anything at these prices as nothing was done in the high 20's. Hitting single digits is pretty much a given. Any turn around will only begin when the bleeding stops and there is an offer for some form of financing/buyout of the NLRC. (how long and IF?) The problems with the delay are quite frankly potentially devastating. Any number of scenarios could sprout up to kill the refinery once and for all. Like most are doing in the present circumstances, you really cannot give any value to the NLRC. Even with all the permits in place, so what. Don't think there won't be some time tables in place. Actually approval in this market might be worse as there are no options and the "calvary"
knows that. You cannot help but think that Dalton blew a chance to at least get ALS well over 30 with a somewaht less than ideal finance proposition, but ego brought ALS down just like Spritzer. I venture to guess that no one here would buy ALS over 5.00 if you never heard of the refinery. You better get used to thinking like that