What's it worth in 3 years? I believe the gas contract goes for about another 3 years. They have been successful at repatriating the cash flow to Canada. I did a little math on the back of a napkin and when the contract is up for renewal there will be about a buck a share of cash in the till and we will still own the plant .. And a new contract will be negotiated.
Perhaps some of you with a calculator and pen can refine my numbers, but cash keeps building .. I am happy to wait 3 more years to get $2.00/share for the company's cash and plant .. And who knows, in thst time, maybe the offshore gets drilled.
Patient money most often wins.
Doc.