GREY:CLLZF - Post by User
Comment by
rehsifylfon Dec 02, 2010 8:45am
349 Views
Post# 17788274
RE: RE: The more I read...
RE: RE: The more I read..."rehsifylf, incidentally, would you care to name an actual oil and gas producer that has sold in say, the last 50 years, for a price equivalent to NPV of 10% of their potential pre-tax revenue based on 2P reserves?"
No I have not Wellsitter. I've not seen anyone misunderstand the discount rate for an NPV calculation as badly in the past 50 years either. The 10% represents the expected rate of return on an investment.
You and I both believe CLL is undervalued right now - so we agree on that.