Longview Oil Corp LGVWF

RE:Interesting event today,

[Nawaralsaadi]

No question that LNV is undervalued, Scotia puts NAV at $8.5 and RBC puts NAV at $11.5, a transaction in my opinion could easily fetch a price in the $7 to $9 area. There is no lack of premium priced western Canadian O&G dividend paying companies, if LNV is to fail in obtaining a higher valuation as a result of its growth derive the likelihood of a transaction will increase.

My guess and it is just a guess, short of a sale of a corporate sale of LNV. AAV will hand(sale) its LNV stake to a strong backer (pension fund, insurance company, private equity ... etc), thus forming a relationship similar to TORC and the CPP. Once formed such a relationship will position LNV at a level playing field with its peers. Our CEO has a long history with building large income focused O&G entities, first with Enerplus in the 1980/1990s as CFO and then with Advantage in the 2000s as CEO, both of those entities eventually had their share of problems with debt and lower commodity prices, but both experienced a period of rapid growth between their inception and their peak.

I believe a strong 45% shareholder could provide the necessary oversight to avoid some of the mishaps of the past, while playing an instrumental role in positioning LNV as one of the large O&G dividend payers down the line. LNV has the asset base and management has the experience to build a solid dividend O&G company, but the story will only unfold once Advantage and Longview are fully divorced.

Regards,
Nawar