NET xASSET VALUE $ 1.32 PER SHARE Hello Everyone:
Thank-you Swisstime for your nice analysis on net asset value of $ 1.32 risked and $ 13.89 per share de-risked. I was hoping that an announcement would have been made today either before or after the close as the reporter had stated. Delays could aibe due to lawyers reviewing all of the paperwork before signing off on it or, requirement that Kurds give stamp of approval to a deal since the the PSC contract does involve them to. This agreement must be typical of all agreements where a new shareholder comes in, the other shareholders have to be notified and voted on. Both Petroil and Kurds were the other parties. So put 4 lawyers reviewing a possible deal and you are sure to get a few days delay. I am certain that a deal will be announced before the New Year begins, let say we give them another week cause Genel does want to start the new year with a drilling plan. I can`t blame LFD for pushing the envelop to get the best possible deal for its shareholders. Remember that third parties are involved Rothschild and Soros, so they have their lawyers too. We had very strong volume this week, about 10 million shares trading hands, and confirmation from Genel and LFD about a possible deal, so this has legs to move next week. I looked at the posts of Taxistealer and it gave me the impression of someone whom was deluisional today, posting nonsense. I don`t know why he is around these boards, except to stir doubt. LFD will get bought irregardless of what this clown says, does or post. I have a $ 1 per share price, Swiss time showed that $ 1.32 per share is possible. Merry Christmas to all, be patient, you will be rewarded 10x the amount you have invested in now.
Just my honest opinion