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Wolverine Energy and Infrastructure Inc V.WEII.H

Alternate Symbol(s):  WEIIF

Wolverine Energy and Infrastructure Inc. is a Canada-based full service, diversified energy and infrastructure service provider in Western Canada and the United States. It services both conventional and renewable energy sectors by providing specialized equipment rental and infrastructure services, including production testing services and rentals, oilfield and energy rentals, heavy equipment rentals, civil/infrastructure construction, and environmental clearing to its clients. Its operations include Energy Services USA, Energy Services Canada and Infrastructure Canada. The Energy Services USA operation includes rentals and production testing. It offers a range of tubular and oilfield equipment rentals and sales, from down-hole and surface oilfield equipment to well control and pipe handling equipment. The Energy Services Canada operation includes production testing, water management and surface rentals. The Infrastructure Canada operation includes construction and heavy equipment.


TSXV:WEII.H - Post by User

Post by optalon Dec 09, 2017 11:31am
312 Views
Post# 27123514

Value of PMA

Value of PMAAt the end of  the day someone(management) need to give us some idea of the valuation.  Dilution will result when the 70M shares are given out in January.we will be a company of 170M shares.

1TCF undeveloped gas is worth 1 billion Canadian.  Retail it is worth 5.5 B in canada.

We get 10%-5% of gas (net) in sidi moktar.  The math can be ridiculous.

Time is on our side.  James has started talking about sidi moktar because I think the gas is needed for the phosphate plant and they are talking of the drilling next year.  This is a change from ignoring us to maybe making a reasonable deal.  We should not sell the PMA company short.  They have the goods.  How much is the question......What is management thinking about valuation?
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