EXPM:PREGF - Post by User
Comment by
whinnyon Sep 29, 2015 10:06am
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Post# 24144516
RE:Think they'll be able to pull a rabbit out of their hat???
RE:Think they'll be able to pull a rabbit out of their hat???From M&D
Strategic Alternatives The Board of Directors has formed a special committee to evaluate the Company's strategic alternatives which may include one or a combination of: (i) the sale of the Company or other business combination; (ii) the recapitalization of the Company; (iii) asset acquisitions or dispositions (including a disposition of its German business); or (iv) the liquidation and/or dissolution of the Company, amongst all other alternatives.
It's tough with oil at these prices to make a go of it. I suspect we will see many juniors get acquired by bigger more capitalized companies.