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Connacher Oil & Gas Ltd CLLZF

"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Bullboard Posts
Comment by strzelinon Dec 23, 2007 5:38pm
304 Views
Post# 14118598

RE: risk of take over

RE: risk of take over"I truley hope Connacher does not get bought out by a major, at least for couple more years so the stock price would be more reflective of it's true value."/duderino5 Just wonder if you would like to give us your opinion about what the true value of the CLL is. How do you evaluate it? Is it by EV(Enterprise value)/cash flow, Debt/cash flow, EV/future daily flow, 25% to NAVPS ,etc... Will the CLL be taken over based on future production like $100,000 X 20,000bbl/day minus $800 mln debt divided by 240 mln FD shares =$5 + $1.5 for conventional assets? What the "true value" for you is ? Jurek
Bullboard Posts