Agreed, will be very hard to navigate and make it all the way, but even 30% of the way will be plenty.
As David and others have suggested, we have very sound management, and a really tight register.
With so many prospects, the first move would likely not be a takeover, but a farm in, or JV in one individual project. That will leave us with plenty others, and effectively some backing from someone big.
If the board does not sell us out (and I don't think they will), it would need to be massive offer to buy the lot.
Every other speccy I hold would have raised in the past few months and issued themselves a boat load of options to go along with it.
Different crew here it seems, and if this plays out as I think, I'll be voting yes to whatever performance bonus they decide to give themselves.
GLTAH
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