Best chance of a great result is to first get to a reasonable result, as recommended by Directors-and then hope for an auction to break out for the "largest CSG acreage in the east"-70tcf! That is the real metric.
My view this morning-AOE would not take foot off throat of LNG and still be in active negotiations unless they were very confident of getting to the first stage.
Question is-at what price would you dangle that carrot-if me, probably 6.40ish.
Should be an interesting next couple of days.
AOE Price at posting:
$5.28 Sentiment: LT Buy Disclosure: Held
