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Petrominerales Ltd PMGLF

Energy Oil & Gas E&P


GREY:PMGLF - Post by User

Petrominerales Ltd > Acquisition
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Comment by maxleverageon Aug 03, 2012 8:18am
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Post# 20180386

RE: RE: Acquisition

RE: RE: Acquisition

Why wouldn't it be interesting for someone?  The pipline assets are worth about $3 per share.  Thus, at the current share price you get the 2P reserves, the exploration upside and say 25,000 barrels a day of production for about $4.50 a share (net of debt).

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Dealroom for high-potential pre-IPO opportunities