Very hard to see it run much short term IMO - over two billion shares!!
Everyone will be interested in the funding plan, or JV, farm in etc - they have no chance of debt finance so more confetti is the only option sooner or later - with or without a capital restructure it will take a bit more than where they are now to see a big run.
Hope i'm wrong, had these in the bottom drawer for 4 or more years and would like to escape sometime soon!!
