I honestly think Peter is in between a rock and a hard place. They ultimately know that they will be sold, but this can take quite a bit of time and completely up to Offor. So in the mean time...(last 2 years) they tout a growth plan but know they will never really implement anything because in the end its really a waste of time. So they announce a few bs MOU's and some crap about Strand Hanson and a new listing to buy some time. The time that was bought has now come to pass and you have some tired, PO'd shareholders who are demanding answers. What's ole Peter to do, can grow, can't sell (yet), can barely take a piss without Offor's ok.
For once it would be nice to hear an honest answer.....like.. "we eventually will be looking to be bought, but until then we will remain silent and conserve as much cash as we can". "Our desired price is very high, as we believe there is substantial oil in our blocks so it will take time for someone to meet our price."
DONE! Shareholders happy, patience is now renewed and AMJ can finally STFU once and for all.
Could it really be that easy?? ..lol.
