Rinky,
IF SLI is sitting on $6.25 billion dollars in the bank account, then to me they have no option but to give the shareholders a dividend cheque. If not, they would be instantly taken over by a major. Are there any other options of getting rid of this money?
My question would be...how quickly would this dividend be announced? I would hope that it would be in the same news release as the one saying we have sold Tesoro. Are there any concerns if the sharprice doesn't jump as much as it should? Just curious how other exploration companies have dealt with a large sum of money in their bank accounts in the past.
Moneybags