Don't Entirely Agree with AB - But I Get ItI Also don't entirley disagree with Zona. The current leadership in IAE has absolutely lost confidence and credibillity and that is an understatement. And I would not be surprised to see a shakeup. It will be interesting to see how the instiutional holders vote. End of June will tell the story. However, with that said, I also think that this company is REALLY close to FINALLY hitting the mark and paying off all the longs. In my humble opine, I believe that we are a mere 3 months from the share price finally starting to move in a significant way. I just read through the Q1 management discussion again late last night and if they hit their mark of all the mechanics being finished on the FPF-1 by the end of Q3 2015, then we really are in the final home stretch and as such I'm reluctant to rock the boat at this point. Although, I am certainly understand AB, and part of me would like to see a COMPLETE shakeup at both the board and upper management levels, but perhaps this might be better served once Stella is up and running. If this company is not sold off between this Christmas and next June, then I do believe and major shakeup is in order.
I still do believe that the company will be sold if for no other reason than the company has not yet articulated a dividend strategy post Stella. But it will obviously depend on the price of oil and the gnereal markets come Q1 or Q2 2016. If the general markets are stable after the US Fed begins its rampup of interest rates AND the price of oil has stabilized at the currnet rates or above, then there will be nothing stopping the company being sold and if that is the case then we all should be winners. However, if it is not sold by the next AGM then a major shakeup should ensue. Just my humble thoughts.