Long Run Explor Ltd Ord WFREF

RE:LRE Valuation

[bossu]

Another way to look at the actual share price and how ridiculous is the situation: The actual share price give about $ 28000 per flowing boe. Taking 2015 projected revised production at 33000 boe x $ 28000=$924 million less 700 million debt =$224 millions/193 million share=$ 1,16/share. So $ 28000 per flowing boe versus $ 95000 from recent transaction announced yesterday by Bonterra. So where is the problem? Can somebody tell me!!!