RE:RE:One more thing
Under no circumstances could the total fair maket value be less than the current book value so no less than $2.30 a share. This is a minimum 50% gain in 2 to 3 months. A pretty good bet in this market. The kicker is the FMV should be higher than book value given the imminent ramp up in PNG activity. This could be a 100% gain in 3 months if FMV is put at $2.80 or higher.
Keep in mind the previous boom cycle in PNG supported a $0.20/share annual divvy and a share price between $4 and $6 a share.
Place your bets!