Clyde, i have to agree with 911 as there is no evidence of any trade sale potential only speculation through posting on HC. There have been many cases that if a potential buyer believed that a project carried significant value they would move to take an option (first rights). If we are so are advanced and derisked then I would have thought we would have seen one of the players make a move, why wait only to lose out to another buyer...having problems joining the dots on this. Your point about a JV is a good one, but again I use the same case, why is there no movement. He company would have to announce if they have been made an offer, don’t they? It has been a long time between drinks and there is still no news about any new projects...why would LP allow EMS to tap into their pipeline based on EMS current performance and what does EMS bring to the party that they don’t already have ? The issue of BP keeps coming up but no word from the company...you have to ask yourself why? You are right support is there as for many i think we are all hoping for the uplift irrespective of how that happen and then off load, as currently it is case of just leaving it in the bottom drawer. You always get the feeling its smoke and mirrors with the weather, enrolment but the bigger issues never seem to get addressed. What do others think?
EMS Price at posting:
3.4¢ Sentiment: None Disclosure: Held