Longview Oil Corp LGVWF

Expectations

[Transat500]

With a sustanable .48$ long term dividend, a 7$ offer would represent a .068571 div. yields for the new potential owner as is.

It's a fear deal.

For example, under 7$, I prefer certainly keep my shares and their .04$ monhtly income for years to come.

Not taking to account that , fortunalety for the bidder,  I have in mind that our dividends has been cut by 20% recently, This has suddenly cut our sales prices expectations .(8.40$ per LNV share for the same .068571 div. yield)

[ac0001]

Hi, your rational is good. However, i dont quite understand the way you describe your number. For one, you treat your stock like a prefered, with have a limiltess horizon and work like a bond. With is not the case here. Has tou pointed out the div can fluctuate in time. But let's think of your explanation: if you think the div would be .48$/y and the time horizon is 15 to 20 years with thew

[Transat500]

Thanks for your comments AC0001. It's helpfull. To your knowledge, could the time horizon before low decline reserve be much longer than the 15 - 20 years use as an example?

[ac0001]

Hi Transat. I used the 2P reserve of 38.8MMboe with a RLI of a anticipated 16.6 years as writen on the site of LNV. The reasonning of the range 15 to 20 years, is the differentaial pressur of the reservoir that could varie or fluctuate in thatt time frame. After that period, the cost for producing of a barrel of oil is more than the price that they could get for it. To extend the life of the