Oromin Explorations Ltd OLEPF

RE: blue sky

[tony1969]

Hey Arlene, my buyout guesstimate in the RK sweepstakes is $1.87 so I am including some blue sky potential in my estimate.  Like I have posted before anything between $1.25 to $1.75 ($1.50 average) would not surprise me.  I chose $1.87 because it is 25% more (my blue sky premium) than $1.50. Top makes a good point in saying that they have lost some leverage because of the time that has passed without drilling and the probability that many want out including Bendon and Badr.  It would be great if my estimate proves to be conservative.  Time will tell.