Ann: Trading Halt, page-25

my money is on a Magna takeover of India operations. Magna would take the India business private. if I was Magna, now would be a great time to move. OEX cannot handle India, it requires more skills than RM or his team possess. the cause of the troubles stems from an outrageously delayed well on 77 and a complete balls up on the fraccing and testing with a lot of lost reservoir credibility. I have said in the past and will say again, this OEX management is too weak. a change is good.
With all of the dilutions RM has masterminded, it won't see much return for shareholders.
These are my opinions only.