Post by
Oldnagger on Feb 13, 2023 5:30pm
Land holdings
Has anyone ever added up all the exploration acreage held by Vermilion? From what I can see in the presentation it is easily over 5 milllion acres. Well, put a very conservative value of $2000 per acre you get $10 billion. Take off debt of $1.4 billion
that leaves 8.6 billion divided by 1.62 million shares or $ 53 per share