That would not surprise me on bit. If that is it then accept the .55 and lets move on. If not what is happening don't accept the bid and run the business while entertaining more attractrive bids.
That's very possible s/r. Who knows more about what is in the ground than mgmt, & why should they (in their minds) increase the value of the company for the benefit of a bunch of investors on the other side of the world.
S-T,this was my opinion also,i was just trying to show some proof to these cliams. The change in Dogvans viewpoint regarding the cost of the production says it all. On earlier PRs he was expousing how cheap it would be,now how costly it is. I was checking out NWOG yesterday and they were are also trying to go private again. I also think heartbeat is right they will split the difference and the share price sell will be 60 cents.