Novus Energy Inc NOVUF

RE: RE: RE: RE: RE: RE: RE: Large is loading up

[ardvark11]

looks to me like long run just sold the assets and kept the debt and tax pools ewre used to offset the sale.  If Novus sells as a whole, the tax pools are at $245 million at 30% worth $73.4 million or 0.35 per share which gets you to the 1.90-2.00 mark.

Nvs can sell all the assets for 95,000 which gets you $399 million, pay the debt off and dividend out  the 1.64 and still sell the tax pools or shell the company out for 0.35 per share.  So I think we are talking the same thing but I personally would like to paid for the tax pools. Time will tell..