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Bullboard - Stock Discussion Forum East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

Energy Oil & Gas E&P
East West Petroleum Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration, development and production from certain of its oil and gas properties. Its portfolio consists of interests in exploration concessions in New Zealand and Romania and producing properties in the Taranaki Basin, New Zealand. In New Zealand, it holds a 30% working interest in the... see more

TSXV:EW - Post Discussion

East West Petroleum Corp > What is EW worth besides 8 cents cash? Ideas?
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Post by Dragoon on Feb 13, 2024 1:08pm

What is EW worth besides 8 cents cash? Ideas?

Cash Q2 is 5.2 mln 
Cash NZ deal when closed is 1 mln USD = 1.3 CAD 
Total Cash is then 6.5 mln CAD 
6.5 / 86 mln shares = 0.08 cents cash per share, liabilities cleaned with NZ deal.

-Then how much is any "shell" listed company worth?
-Then how much value do we add for Romania that NIS wanted to develop 3 years ago with lower gas and oil prices? 
-How much value to add for potential deals with a public company loaded up with cash? 

These are 3 questions to add to the cash value. Any ideas?
Comment by Dragoon on Feb 15, 2024 10:43am
I love to hear everyone's thoughts:
Comment by DrLarryFineMD on Feb 19, 2024 11:25am
For many years East West has been a leaderless, bereft of ideas, piece of styrofoam floating without direction on an ocean of I Don't Care. The eternal hope of all shareholders worldwide is that one day the constipation of thought at EW will burst forth and pinch off a loaf of activity so powerful it will propel us into a new era of innovative ideas, business activity, and unheard of profits ...more  
East West Petroleum Corp