Trump and POE valueDoes anyone agree that the white elephant and money pit also known as Sawn Lake just became a lot more valuable now that Trump has won?
Trump has said that if he were elected one of the first things he would do is to call Transcanada and ask them to resubmit the Keystone application so that he can approve it.
Sawn Lake is very important in calculating the margin of safety with POE. Even in the worst cast that Bata Gajah is lost and the Anggun well is a duster, an investor buying today can still hope to break even or turn a profit due to Sawn Lake being much more viable and actually having some value in a sale if the Keystone pipeline is approved.
Is this thinking correct? Also, is 25 to 50 cents a barrel times 200 million barrels a very rough way to caculate the potential value of Sawn Lake?