"Lastly, if it is a Laredo or Pioneer type coy - what is the possibility of them just grabbing the cheque book and paying 20c+per share? in a t/o?"
Interesting secenario there 20103030 .....
That would be nice but where would that leave the oppie holders??
Will they be deemed - the oppies that is - to have become in the money so-to-speak and hence could be converted??
I've not been in that situation before so perhaps you or some else with the knowledge could enlighten me?
I think with so many wells potentialy to be drilled as hori's now then a JV with Halli would be the best outcome for us.
What do you guys think?
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