GREY:ARKXF - Post by User
Comment by
teeveeon Dec 21, 2013 10:19am
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Post# 22029851
RE:RE:RE:RE:RE:not a coincidence...
RE:RE:RE:RE:RE:not a coincidence...not4anymore wrote: Kelt is doing exactly as Tourmaline has done to grow the company. I expect Kelt will make an offer to Artek shareholders early next year. I will take Kelt paper for my position and will the ride this stock for a few years. IMO, Kelt is just getting started.
Kelt cannot and likely would not make an offer for RTK. THE main reason for this is the apparent disparity between $/flowing b/d when a significant percentage of production comes up the same well bores. A 3rd party evaluator could not price shared production differently, which would likely boost RTK's valuation and reduce KEL's valuation. A market based offer on share price alone would therefore not fly as management and directors would be at risk of potential class actions.