The author states that " I've always thought that they would get more value if they carved up the property and joint ventured out the pieces." This is a version of what I have stated on this very site numerous times over the last 2 years

What I actually suggested was that PEM develop a section of OSZ and then sell it or JV it. Then they move on to the next section.

There is so much potential here I hope that it doesn't all get taken by one suitor (unless the buy-out price is REAL good). It would be better to have numerous companies pushing the potential of the OSZ.

- panamax