RE:Larsen care to make a guessCertified.
There are simply too many variables to calculate and guesstimate for a short order answer. What will the price of oil be at, what will nat gas be at, will they have sufficient takeaway capacity booked with Pembina, what valuatoin will we be able to put on Ante Creek flowing barrels vs Waskahigan vs Grizzly lands, will their gassy lands be worth something at that point, will the market value RMP as a junior or an intermediate at that point, etc. .... :)
It will be well over $12/share, I can tell you that. Will it be $20? Don't know.
Cheers