GREY:DTEYF - Post by User
Post by
Newsy99on Oct 18, 2013 12:04pm
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Post# 21827586
Value
ValueUm, there were a number of bidders on the assets. But they had the best, non conditional bid.
Pin respect of value, they are producing close to 300 boe. In the 50,000 to 100,000 per flowing well range, that would give you a share price of right where we are today. That means you get a free call option on management - which is pretty good knowing what they did with Spry and Petrus.