RE:RE:EW is trading for 7 cents in the USA as I type..a 52 week...I agree with you on all the points you noted, GoldenOrb, and I totally respect your perspective.
IMO, the problem is that, Sidoo is just as aware of all these issues, if not more so, in Romania, and had all of 2017, and before, to find new avenues to create shareholder value, ie "fresh oil-patch
buy-out prospect with revenue & proven reserves to give current value while Romania develops into something prosperous". IMO, knowing all this, where was/is the sense of urgency to make a deal, one which would create shareholder value? Look at all the deals, Sidoo has made for AAL in 2017, and look at what he is dong with his new blockchain venture, one which I note didn't include EW. Now compare all that to what he did for EW in creating shareholder value in 2017, and before, and the difference is startling, IMO this points to his focus, and where his time and efforts are spent.
My other major concern is his/teams lack of visibility in promoting EW and telling the EW story to the market through a myriad of avenues. I think Sidoo may have promoted EW once in 2017.
As, lageorges noted in his recent post the opportunity for payback in Romania is significant, and he went on to illustrate that in the links he posted. IMO, lageorges has done as much with that one post in promoting EW than management did in all of 2017.
Again, this is all my opinion, and could be off base.
Cheers!