RE:Alternative theory. . .
hi nobodysfuel, i came on today to post an opinion. ironically, you are talking about the exact same thing but i have another view. based on our pathetic stock price and shortage of cash, we have no other option but to partner up asap. due diligence has been done by this "potential partner". all that is left is the details of who gets what cut. we are no longer (if we ever were) negotiating from a position of strength. this fact cannot be overlooked.
by the way, thanks vb for your post of the news release. a very small shot in the arm but small nonetheless.
we cannot afford to wait for pobrdje as our savior. what business in their right mind thinks they can get a freebie from the government? serbia was very specific on getting their fair share also, based on previous news reports posted here. i repeat, it will not be a freebie. they will get a substantial cut of the profits. they are not stupid.
this brings me back to the only point of why i voted for the rollback. we were in negotiations with a potential partner.
there is no way out. we make a deal now. low or medium. it will raise the stock price. also, drilling will go alot, alot faster. if there is alot more boron as you say, then our sp will rise also. if and when pobrdje comes through from the serbs, it will rise even higher.
it is ridiculous to think we can do this on our own. a fool's dream that we have suffered for a long time.
if nothing is signed by dec/jan. , then the fool keeps dreaming while we live the nightmare.