Anyone wishing to grab this company must take the huge debt into account.----The refinery appears to be a total loss.---If they're serious about taking over this company they would likely wait to see how the production comes along on both pods.----If there was an offer in the making, it wouldn't be very high.----One billion is needed just to get us out of debt.---Another billion plus would be required to pay out all of the shares that are in the open market, just to pay enough so that the shareholders are enticed to vote for the takeover.----The upward movement that is under way right now is because of the ashphalt sales, which speculators assume will tip the tables, in favour of a profit regarding the refinery. I'm staying in for the longer haul, which would take another couple of successfull pods.----The only holders of this company that would take an offer, would be the people that bought in after the collapse of our s/p.---Longer term holders would need a much higher offer, like around $4 or even higher.----All of the above is just an opinion expressed by myself, and as we all know, there are many opinions out there, and noone knows which one is correct, until after the fact.----Rich.