RE: Sell price....The 158 million BOE that Katusa estimates is for RAM's US assets only. Katusa estimates an additional 182 million BOE for RAM's global 2P assets. That would be 343 million BOE total (including the 2.93 million BOE in production at SJC).
343 million BOE X (Cosmicac discount of .8) x $50 per barrel = 13.7 billion or $85 dollars per RAM share. Could this possibly be correct? The mind spins.