RE:RE:RE:Huge Increase in Turkish natural gas prices
Nozz,
There are a few CDN International public Co's that are strong enough (PAREX, Frontera) to do something here but they operate in Columbia and other areas.
VLE has stated that they want to continue to be international player but they should be challenged for their rationale. The prizes are large in international ops, the competition is real and the costs are generally not in the realm for a public jr.. If they can pull one off, I will be ecstatic, but I don't see it.
There are numerous CDN PrivCo's nearing the end of their investor timelines (eg. seeking liquidity) which would find the VLE cash and international lands (for sale) as a deal equivalent to a financing. Check out Headwater (HWX) who was a stranded CDN public with cash and no relevant management. They sold to a CDN team and a 5+ bagger. (to date).