A PR explaining the plans for production would value this stock more appropriately; hitting those projections should make it go up very steadily.
The company has a duty to inform us the planned production increases. This is where the value of the stock has been for those of us who did the dd. Many of us got in because of the 6,600 barrels a day starting June 1st (plus NorthWest is additive). The exact quote fromt the Parkin was "this is the minimal" we will hit.
I belive that the company should not have annunced a buyout (this hurt thier credability). They should have waited for the meetings to get their expectations set for us. Then to say that the buyout was on the table if the merger was not valued at more than $2.17?
The production is the key becasue it indicates that funding is available for the expansion. If this turns out to be true and they hit the projected numbers. The stock will be worth more than 2.17 by 2008, and managements decision was a good one.
I think the serious investors want to see the schedule and where the investment money is coming from.
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