RE:RE:RE:RE:WaitingSo the question is, for how much. If the FPF-1 were to be completed this spring, how much could we expect the share price to rise? If oil were to skyrocket to say $50.00 by the summer (personally I don’t think we see stable $50 oil until 2017) we could certainly see the share price double to say $1.20 and with say a very generous 50% premium on a sale, we could see upwards of $1.80, give or take. But, in my opinion, that is under ideal conditions.
Man, I don't think you have Clue 1 on how a business such as this is valued by those who will actually be spending the $$$ to buy it out. $1.80 NEVER gets the support of Instutional investors who hold most of the cards. The BOD would be doing every shareholder a YUGE disservice by even entertaining it. That said, a low ball offer will never come out in public. Last time, the RUMORS were $3. Get the Net...
I'm hearing the marbles rattling around in your Kenso head.
Best GG
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