RE: 2 stage potential OPC deal - hypothetical
I don't see the rush to sale. The projections I've been hearing on TV since I posted my oil expectations for 2011 are north of $90. I expect higher but I'm not an expert. The project does seem to be ramping up.
A rights offering to existing shareholders along with a half warrant per right would provide some financing and allow people to retain their percentage. I hold a company which did just that.