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TriOil Resources Ltd TRIAF

Energy Oil & Gas E&P


GREY:TRIAF - Post by User

TriOil Resources Ltd > $1.1mm for a section at Lochend
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Comment by aagoldon Nov 30, 2011 8:50pm
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Post# 19281437

RE: RE: RE: RE: $1.1mm for a section at Lochend

RE: RE: RE: RE: $1.1mm for a section at Lochend

Actually I made an error - the NPV of the $25M invested in new production has to be greater than $48M/0.72 = $67M, since the original shareholders only own 72% of that new production.  So can $25M really be invested to generate production with an NPV of $67M?  Seems doubtful to me, but I can't say for sure.

- aagold 

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