Come one bluestar, I hope you were.... joking about your last post not to mention your previous one thinking you will get $3.00 per share. To get $3.00 OLE would have to be sold for about $1.15 billion with a B after you give Senegal their 10%.
Let me think. Ahhh....No.
Back to your last post:
"if you want to buy something you pay what the asking price is,not what you think it should be." Really?
I can understand this if you go to Macy's and they want $70 for a pair of jeans so you pay them and take them home or you go to Publix and they want $1.50 for a 2 liter Coke so you buy the Coke and take it home.
It does not work like this with Oromin. Suppose Chet thinks his property is worth $900 million dollars. Let us suppose there are 5 interested parties and after months of negotiations their highest bid is $650 million. What do you do?
A. Keep buying time on borrowed money. Ahhh....No
B. Further dilute your shareholders and continue drilling. Ahhh....No
C. Finance a mine that will take years to complete. Ahhh....No
D. Use some logic. Put your ego aside. Sit down with the guys offering $650 million and sign a deal.
The answer is D. I do not mean to be sarcastic but OLE is worth what a bidder is wiiling to pay. Not necessarily what OLE management wants. Why do you think it has taken this long to finalize a deal? The feasibilty study may help finalize a higher bid but it would be foolish to think that all of a sudden you will get what you want especially when you are using borrowed money to continue operating in order to showcase your property.
No offense at all pal but we have to use some logic and be realistic here.
Besides we will not have to wait much longer since you said that we would be sold by the Super Bowl.