RE: RE: share priceThe market is saying the value of the North sea Gas assets (Durango producing property and lands) +Steamboat is worth more than the net debt of the company. I.e there will be residual value when the sale is completed.
If they retain some sort of override and/or net carried interest in Steamboat after all is done plus some cash to aid in Idaho drilling, they will havea nice story.
Gas has alot more value over in Europe than in N. Am right now and there is activity around their Durango asset.
Bigbadun'