I imagine that, with your OIP shareholder hat on, you will have some interesting questions for OIP Directors about their directorial independence and obligations. Interesting questions about use of capital, how much drilling has taken place, and full disclosure of results.
It might be something to see and hear!
It is one thing to have a close strategic partner in ESG. It is quite another to be hamstrung so that you cannot drill and grow value for OIP shareholders.
Either way, one of two positive things will happen to OIP.
(1) There will be a takeover offer at a much higher price, and shareholders can decide whether they want to go it alone, or as part of another entity, OR
(2) OIP will be 'let off the leash', and can start aggressively drilling and adding value.
Either way, there is a lot more upside than down.
Y
OIP Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
