we enter june come monday game on, page-43

And then the price of IO rises......supply and demand. Agree with your sentiment.

I think that SDL is likely to be up there as a major second tier force - regional play. I suspect that those eyeing off SDL may be the bigger medium size players who want to get bigger and achieve regional dominance, maybe to mop up some neighbors and grow through acquisition.

I am not looking for a major to take equity but this medium level player. Still interested in the motives of Noble.....would be ideal for them given their charter. Interesting times.