Waterous owes us 170 million +++Waterous got over 150 net sections of land and 5,000 boe of production for 170 million plus 85 million shares plus 8.5 million warrants.
POU with a moderate amount of debt would almost wipe out a quater of its debt with a cash infustion like 170 million dollars, plus if they want to settle up with us they should buy those 8.5 million warrents as well to clean the slate.
200 million is a quater of POU's outstanding debt.
200 million / 138 million is about $1.50 a share. If they get all their money in a settlement the stock should be trading 1.50 higher. however it would move my short term price target to 12 dollars a share.
No this 200 million is not reflected in the current stock price, POU the cheapest stock on the TSE howver our first step is to pass VII generation in share price and that should happen in short order, then to the moon for POU alice!
IMHO