RE:RE:Next CatalystShould be a $100 M cheque coming any day. There is poor liquidity because no one wants to sell when oil demand is growing and will grow for next 50 years even while the west turn to bikes and horses and 18th century dream of electric cars this time subsidized by taxpayers just like old Soviet union haha.
Ferryboy wrote:
In the Q3 conferenca call Keith Hill stated there was a Board meeting at the beginning of December. So I am hoping we will get an announcement on shareholders return of capital and maybe even an acquistion of a producing asset
Another thing KH mentioned when being asked about share buybacks was "liquidty" concern of some of the larger shareholders. Trading is pretty thin some days so I suspect we might not get buybacks for that reason ..although personally I would be in favour