Yup. I know IVAN for over decade now. There was a lot of promise for a turnaround coming into this year and a multiple bagger run. That's now off the table IMHO...
It seems the heavy oil process isn't viable with all the shale oil coming on line. They also failed as an oil producer multiple times. I'm not sure there will be a turn around again. This current consolidation could breakdown and it's possible we see sub 10 cents...
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