re: Ann: New Plays and Leads Show Further Pot... Agreed FH. If they can go to 10x market cap, do a raise @ 100mill and only take a 10% hit that would be a great outcome. Financing is also a strong point of some in the management. How much will be required - given some of the infrastructure issues, and how much of it will be provided by governments.
With shale Oil/Gas hotting up, and majors wanting to take a position, my concern is that AJQ end up being over-confident a la CTP - the previous one, and pass up the opportunity.
RIO seems a logical partner IMO based on infrastructure. I'm not sure about Rio's will.
re: Ann: New Plays and Leads Show Further Pot... Agreed FH. If...
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