RE:Opinion Onlyenergee wrote:
"AAV has solid balance sheet and has the Entropy value-add bonus. AAV growing their oil exposure too. Given the obvious property synergy, I would be surprised if the IB's are not pitching. Larger is often better for efficiencies (although AAV still has an exceptionally low OPEX) and both of these Co's are still believed to be mid-size in the big world.If the two got together and the gas eventually makes it onto a ship off the coast of BC, a new story."
This has been an option, a VERY good option for sometime if "someone" just picked up the phone & made that call! It's one of the better options Birch has in terms of M&A. But there's a big problem & BIG obstacle in the way of that getting consumated. Tolken & Birch mgmt. I always thought that maybe the issue was on the buyers end, no interest, no motivated buyers and most of these Canadian Ceo's were totally lost in any case. BUT after that so called "update" from the company last week.....AND the proceeding BNN interview that followed.......you only had to read between the lines in the update and carefully listen to the words or look at the body language of that foolish bumpkin Ceo what their REAL intents are......Which makes one understand the problem lies not with ANY buyer or suitor BUT with Birch itself!
So you can pound the pavement all day as hard as you can.... but in the end if that old crazy senile foolish horse ......which is dying of thirst btw.........does NOT wish to heed the message or partake in that drink.....then there's not much else you can do but watch it die a slow, painful death right infront of you!
Hope that clears THAT up......
GLTA