Re: Today's trading...
in response to
by
posted on
Sep 01, 2020 12:03PM
Well said golfyeti.
If a partnership is announced that eliminates debt, pays for a trial and puts operating cash into the company the playing field changes in a moment. BP interest and involvement, no call on IP, a runway to keep their heads above water and likely a target price or ROFR for a future buyout. If that ROFR or whatever they will call it comes close to the average of $8.3 billion US then our potential share price could be in the $45 per share range over the time of the trial period. ROI potential in that scenario is incredible as you mentioned.
tada