GREY:EWDYF - Post by User
Post by
commissionson Jan 24, 2012 1:48pm
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Post# 19442650
This conference call should
This conference call should help everyone understand how good these past 2 announcements have been - Brad will give us a roadmap of how this year is going to unfold.
Think about this for a minute; Horizon and Mega to both put in $15.4m - that would be $31.8m - assuming Mega comes through - the last time that they didn't come through on time they wrote us a cheque for $20m.
Add $10m for EXXON - that makes $41.8m and add in Stanley at $10m (which from what we are hearing could be upwards of $20 as the resource seems to be getting considerably bigger - and siesmic will prove it out) and now you are up to $61m. There are only 87m shares out - that would suggest .70 share with no extra for the possibility of hitting huge in the flourishing 259 milkyway of natgas.
Plus Ubuntu will be proven up probably much higher that the 1st primitive estimate - which was pretty damn good. I think that there is alot going on here that Brad can finally talk about - with all that cash / potential I see us as a takeout target. Lets get to .75 - .80 first and then have someone run at us - maybe a bidding war - could see $1.50
Any other input - or do we wait for the call and we can ask every questions that needs to be asked.
Comms