Given the fact that the company has a history of repurchasing shares and the fact that they have been silent for this long, I have to wonder if allowing the share price to dwindle isn't intentional?
Since they are generating more and more revenue by the day as their operations ramp up, selling shares (in Q411, Q112, and early Q212 when prices were favorable) then planning on allowing the share price to be depressed through the 'summer' while they backstop the bid as prices fall might be a good way to minimize dilution. (I know, I'm really reaching!)
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