Petro One Energy Corp CUDBF

alphaflight valuation

[FANTOMAS]

Thanks, James, for your answer and comments.

Let me add some points:

1. POP has 61,283,235 M shares outstanding on a fully diluted basis. And that should be the figure to calculate with, because all Warrants and Options are WELL in the money and will get exercised (average $ 0.26 and $ 0.39 respectively).

2. The POP valuation figure of $ 1.08/ share is NOT totally "conservative", because the Yukon figures are NOT based on the current situation but on future cash and share streams. But I agree that the oil figures are very conservative !

3. Blue Sky potential (new find and probably more) may get POP´s own figure higher, but that will be determined by the market.

Thanks again for your valuable posts.

I haven´t bought in, yet (have a stink bid in).

FANTOMAS