Dave,

What I should have said is no sustainable increase in share price until the deal closes.  There may be some increase as a result of anticipation of news at or just before the AGM.  We've all seen it many times before.

I would love to be able to make the trip to Toronto, though, however, I can't.  If one stays as objective as possible, one can glean something from Suresh's body language and tone, and even what he says when not giving prepared remarks, so during q&a and after the meeting in conversation.  He's not a slick talker, so he's more readible as to the actual state of affairs.  T Mika, you'll get next to nothing about the true picture (you'll get the picture as he wants you to see it), he's a fairly smooth CFO, salesman type.  Nothing at all unusual about that, by the way.  Ask him why we did the debenture intstead of a rights offering and you'll get a nice answer. Our chairman of the board is somewhere in between the two, but is easilly engaged in conversation.  

If there has been no indication of qualification yet, I would engage Suresh after the meeting and ask "how in the world are these consortium guys putting all this money in without knowing if the OI is commercially ready to go?"  But I'd try to do that without a lot of others around (that way you can keep what he say to yourself - LOL). That was the circumstance under which I heard him say, "I just want to get the darn thing finished," last year.  You could really sense the bumps in the road.