Niqo, it has nothing to do with "need." We are sitting on a MOST attractive, potentially very long term, asset in 218 and 855 and I am sure that any TO offer will be considered to be "hostile" and vigorously fought by all managements.
But, when BILLIONS of dollars are involved, we might not have a choice. The big boys have a very tight time line with the plants being built and I am sure that they will not only want the gas in 218 and 855, but that GSA that ICN has got is the icing on the cake. They will not be sitting around waiting for us three to be drilling two holes a year as is happening in 218.
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$1.27 |
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Open | High | Low | Value | Volume |
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6 | 21703 | 1.265 |
11 | 76040 | 1.260 |
7 | 56695 | 1.255 |
3 | 37681 | 1.250 |
Price($) | Vol. | No. |
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