GREY:PSLRF - Post by User
Comment by
rknigh2on Apr 12, 2014 11:40am
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Post# 22443505
RE:RE:RE:RE:RE:Is it going to zero
RE:RE:RE:RE:RE:Is it going to zero
Unfortunately you have to calculate in the $49 million in debt. Bumping the valuation to $27,000 boepd. Still cheap, but there are other plays with lower valuation and healthier debt to cashflow.