RE:RE:RE:RE:RE:RE:RE:RE:Another 52 week low
My concerns are that TAG will take it out far below value.
As there are 15% institutional holders of the company I do not think taking it private is an option.
Consolidation as well no option because there is no need to do a financing with cash flowing in on a regular basis and with 100boe/d they should have the G&A covered for the next couple of years.
The big bang here is Romania but NZ sweetens up waiting because even if Romania fails the can grow slowly in NZ.
Just my personal thoughts. DYODD
carinthian