GREY:ESOFD - Post by User
Comment by
Tinmannon Feb 07, 2013 10:53pm
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Post# 20955944
RE: RE: Common $3.00
RE: RE: Common $3.00 Big difference. We have a fraction of the shares outstanding that HAT did.
If you do the math oh HAT's market cap after HAT's FIRST hole came back (which was $160mm by the way), the equivalent market cap of AMW would be about $90 million.
Don't underestimate the power of a great capital structure and remember that drilling is incredibly cheap.