GREY:ARHTQ - Post by User
Comment by
eventtraderon Feb 25, 2010 12:58pm
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Post# 16819933
RE: RE: RE: RE: good40 the fraudster
RE: RE: RE: RE: good40 the fraudster No objection to using a comparable approach. If you use $4/b, 270 shares, 0.70 share price, 16.5% recovery rate , working interest of 37% you get implied recoverable 127m and implied OOIP of 785m. The only way to get this number to jive with your number of 1.5b is to double the number of shares.
So, how much will VST have to raise, at what price and what's your pricing rationale?
It's not a question of experience G40, just transparency.
Thank you.