Buyout talks are not appropriate at this stage This is why you attract clowns to this board pumping about $5 and $10 buyouts. I think I have been VERY clear as a long-term holder. As a former executive I will tell you what I would offer BTE now is not what I would offer if the debt was in range and Clearwater was proven up. Why even limit or put a stupid number on it...Executives aren't stupid why would I pay full value and take on the risk of debt management and asset dev.
Think people...stick to the plan don't get ahead of yourselves...FCF everyday in the bank...pay the debt and after focus on shareholder returns while letting Clearwater self fund...why give away potential with silly talk of a buyout. Have faith in the management plan! This will get you value...not hocus pocus throwing darts at a board in a fluctuating market and talks of a buyouts....do you really think big players aren't ruthless. This is business 101.