Conference callJust listened to the recent conference call sounds like they have a couple of potential buyers for Gabon. The company is already trading below the cash in hand from the sales of the Venezuelan assets and they still have another $10m to come from that sale.
Sounds like they will pay out out the cash to shareholders and then dissolve the company once Gabon assets are sold.
Habe to think once Gabon assets are sold they will conservatively have 6-7 per share in cash to pay out to shareholders.