Good evening Ladies and Gents,
Todays SP increase would suggest that another offer from not is coming, I am predicting tomorrow before opening. Knowing FWR's value, both NOT and Cliff will not let FWR go. Another possibility that may surprise many is a third offer from another major. Offers back and forth can still go on for at least another month. I would not be surprised if we see FWR's SP reach very close to $2.00 during this bidding process. Anything could happen. What if both NOT and Cliff decide on a joint venture and agree on a 50% stake in both owning FWR? We all know that NOT's BOD are not in favour of Joint Venture's and nevertheless, still agreed on a joint venture drilling program with FWR.