With the sale completion date of 17th August long gone & with no news I figured the buyer had vanished so there is some chance at least now of it surviving.
Mutual Bank of Omaha must be very patient ! as they could have easily have said times up and appointed their own broker to sell Froeman.
Wonder how long $10mil will last and what other opportunities they might try as I think that doing another land flip or buying into another field is the only way to get some hype back into the share price.
With WTI at $73 BBL and rising are there still bargains out there to be had ?
SSN Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held