The problem is that investors do not look at things with a...

The problem is that investors do not look at things with a business eye when considering how businesses operate. They look at things with an investor's eye, which is usually in need of a trip to OPSM for some short sighted correction!

I don't think it unreasonable to assume 88E would have already initially approached or been approached by potential suitors for a JV, on the provision of certain results and plays being viable at certain figures. Like the oil companies, 88E aren't just dealing in the now, even if most of a spec stock / explorers operations are concerned with that - they would be looking at their own 5-10 year plan too.

As I said in a previous post, deals will be underway before we know about them - we won't hear anything until a few hand shakes have taken place.

Here's hoping those results are grand!!!