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MGM Energy Corp MGMCF

Energy Oil & Gas E&P


GREY:MGMCF - Post by User

MGM Energy Corp > What is book value -??
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Post by wolfe001on Mar 12, 2014 1:21pm
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Post# 22314423

What is book value -??

What is book value -??
In terms of due diligence - what will the independent review say MGM is worth?
What is its book value for proven and probable gas reserves, siesmic data, discovery  licenses, and acrerage?
I am thinking its got to be more than 60M or the current 15 cents per share offer

What average industry valuation will be applied?

Still looks pretty cheap to me - why are the other majors not jumping in ?
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