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LGX Oil + Gas Inc ROAOF

Energy Oil & Gas E&P
LGX Oil & Gas Inc is a junior oil and gas company. The company is engaged in the acquisition, exploration, development, and production of oil and gas properties. Its projects are in Southern Alberta. The company invests in all types of energy business-related assets, including petroleum and natural gas-related assets, gathering, processing, and transportation assets located in Western Canada. LGX is dedicated to delivering growth in reserves and production for its investors through land acquisition, exploration, and development of oil and natural gas resources.


GREY:ROAOF - Post by User

LGX Oil + Gas Inc
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Comment by DaycareKid007on Nov 18, 2008 3:10pm
555 Views
Post# 15593678

RE: RE: RE: RE: Value of Oilexco

RE: RE: RE: RE: Value of OilexcoBook is at around $3.00 per share (this is the ultimate show of value for some). Net value of assets is usually a figure discounted at about 8%. Target price is usually determined by cashflow x5.  A target price of $5 is estimating a cash flow per share of about $1. The cashflow multiple is about the same for most analysts, but their economic outlooks may differ especially in the projections for crude oil prices.

Bullboard Posts
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