RE:RE:RE:RE:Conoco Will Likely Buy KELT - Eric On BNNlongrun86 wrote: Management has indicated in their previous investor presentations that they will strategically sell assets.
I think that perhaps there is some confusion between Kelt selling assets strategically Vs. Them selling the whole company. In the Eric Nuttal interview I believe he was referring to the land base that Conoco would be interested in.
I guess time will reveal all; however, I can't see Management with the average cost base of their shares in the mid $5 range having a strong desire to sell such an undervalued company.
Maybe Eric misspoke, but it sounded like he said "that kelt will put themselves up for sale". that sounds like the company up for sale, not specific assets.