Put your Thinking Caps onExec team is clearly focused on making a deal (farm-in or merger). Which has admittedly taken longer than we’d all like. I'm frustrated by the length of time this is taking like others.
But....
In the meantime, market conditions have improved considerably. Europe is in an energy crisis, Nat Gas has been added to Taxonomy and the world is about to have a huge argument with Europe’s biggest supplier (Russia)
Do y’all really think now is the right time to undermine VLE’s negotiation ability?
There seems to be a belief here that they are all somewhere on a beach drinking Pina Coladas. I am of the assumption that they are sticking to their guns and have so far avoided giving away the assets for less than they believe them to be worth. I am OK if this takes another 6-12 months if we end up with a great deal. I’d rather sell for $3-$5 in 6 months than $0.80 tomorrow.