GREY:ROAOF - Post by User
Post by
annoncpleon Feb 12, 2015 12:05pm
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Post# 23422388
valuation
valuationtake productions say for june 2015 with declines I would be surprised if we hold 1000/boed so if we loose the blood land and got 30 000 per boe we could barely pay off debt leaving our current 11 mill market cap worthless some may say the values with high decline might only be $ 22 000 or 25000. and the unfinished vertical well might even take another 5 mill to get something flowing