Petrohawk could quite easily buy out antares before being taken over itself.
$2.05 per share would probably gain director support(and take out the convertable notes.)
With the management team in place now and the knowledge of the play along with relationships forged with service providers,the company could replicate this again.
For example issue 100m shares in a new company at $1 each. Spend 50m leasing new acreage and $50m for development.
James if you are reading this,dont forget me.
All the best.
AZZ Price at posting:
80.5¢ Sentiment: Hold Disclosure: Held