GREY:VFGGF - Post by User
Post by
BigA!on Apr 10, 2014 6:15pm
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Post# 22437409
Ofirme & Bonjovi...
Ofirme & Bonjovi...Curious as to thoughts on a buyout price, in relation to the company's proved reserves and land. We have total proved reserves of 160,518 (discounted at 10%), plus land of 89,700, less bank debt and working capital of 126,108 gives us 124,110 to spread over diluted shares of 222,033. This provides around 56 cents/share.
What metrics do you look at when evaluating a sale price, and what multiples do you consider?