Good observation Slugga, did some reading, apparently he has surfaced, with CF, Roc/Fuson need to also be happy about who gets AWEs bit. That being said, I'm surprised they both are still hokding CF. AWE are selling out of oil and Fuson took ROC fit its Asian assets and got stuck with CF. now, I think that the shareholders of both companies would be saying to the directors, "why are you holding onto a very mature field that will heed $10s of millions of $ to rehabilitate when we can flog it of to EXR of someone else with no recourse" all in Mandarin for the Asians of course.
To me, AWE need to move now and sell as buyers will look elsewhere, like us, maybe we should go after Fusons share??!!
EXR Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
