Scott:
Many good points:
Under NO circumstances do I advocate or hope for a takeover as it wouldn't be in the best interest of shareholders. Maybe, if a fair price were to be offered when all pods have been built and full production acheived, it may be worth looking at, but until then no way.
However just for fun let's discuss it... You have to consider oil reserves and production after Algar is completed. If CLL were debt free and you just take total assets SP value would be $3.91. However since we do have a large amount of debt equal to $2.50 a share our true value is $1.41.. Considering the majority of current shareholders paid less than .95 a share, then someone could easliy offer $2.50 ( just take over the debt) and most would jump on the offer.
