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Renegade Petroleum Ltd V.RPL



TSXV:RPL - Post by User

Comment by Reflecton Mar 23, 2014 11:08am
169 Views
Post# 22357010

RE:established oil and gas assets available.

RE:established oil and gas assets available.
Now you’re seeing how crazy this deal is. Check the numbers for a better laugh.
Dec 5, 2013 – RPL: sp @2.32 with 253mil shares outstanding = Market Cap 411 mil. Alexander is worth .20cents a share with 71mil outstanding = Market Cap 14mil. Now look at miracles & how the hand of God works (Thanks to the TSX) Alexander with a name change to Spartan becomes worth 2.95 sp with 102mil shares outstanding = Market Cap approx. 300mil. With the merger we now have 211.5mil outstanding @2.95 sp = Market Cap at 624mil. Now there is proof; pipedreams are a reality. If there be error, please correct. RPL decreases & Alexander/Spartan mach 3 up & away. You must admit, the fabulous 8 are inventive.
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