RE: $28,000 per flowing boe....WingnuttooYou are right Wingnuttoo.....in my post I was urging consideration of the recent increase in outstanding shares and should have said "recent conversion of the approx. 6 million subordinate voting shares".
Your point on assets such as seismic, land and Tax pool off-setting debt is of course a valid inclusion...87500 net acres(difficult to value appropriately) and $22.4 million Tax pool on Dec.31, 2004
Peace,
Good Decision-making to All,
ElJ