OTCPK:ATGYF - Post by User
Comment by
trivelaon Nov 19, 2013 4:01am
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Post# 21918123
RE:aen value
RE:aen value
It seems this valuation does not take in acount the Ireland offshore acreage, and also the value of the Cormorant field. And assigns zero value to Fyne.
On the Fyne field, the analyst states "We believe it’s unlikely that a new FDP will be filed by the January 31, 2014, deadline." Maybe so, but if you follow Enegi Oil, listed in London, one of Antrim's new partners on the Fyne field, they seem to be fairly optimist about filing on time.
In other words: Antrim's breakup value is probably a bit higher, I see it as being in the $0.25/$0.30 range.