RE: RE: NSE IPO pulled Nawar, any thoughts on the AGM?
Also, | hope you are right on the result of the strategic review. I wonder if the company will accept any offers in this market as potential buyers will likely try to low ball them substantially in this environment. The $18 million for half of the Mississippian assets seems cheap at $24,000 per acre?
With an EV of just $265 million the review should garner them a decent premium (~50%) as even $40,000 per flowing BBL would give them an offer of ~400 million and the buyer gets the Viking, Cardium and Miss. exploration upside for free.
Make sense?