Silk Energy Ltd SLKEF

So how will it be calculated

[whaler]

this time around. 2009 or 2010

Here's how Darcel looked at it in Oct 07

"an in-situ Ni price of $3/lb. is used to estimate current fair value

(80% discount to current cash Ni at USD$14/lb). The total value

of $ 1.055 billion is divided into the basic shares outstanding

(approx. 64 million). This results in an estimated current value

for ISM of around $16.50 per share."