RE:RE:RE:RE:RE:This mornings Quote
I don't know about shutting down the company as they really can't. THey need to be bought out or they need to shrink the shares by doing a big buy back. The problem is Toby was a fomer investment banker and has really no oil and gas development experience The best out come is for a company with a great project who needs to raise some funds to just buy us instead of doing a private placement. Most Oil and gas companies trying to raise money in this enviroment have to take a discount to their share price to raise funds.
Plus what project has a better short term upside then 55 cents of cash that we can just pay out. If management buys a project that can't ever get to 55 cents of value then they're going to be sued by shareholders for mismanagement of assets. 32 cents -55 cents is 72% upside from current price. SO MANAGEMENT PLEASE SHOW us something that has higher upside?????