GREY:PSGLQ - Post by User
Post by
boldoneon Aug 12, 2000 12:02pm
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Post# 2315604
valuation
valuationIn answer to RobK.
In my assessment of the Beau valuation.Beau currently has 7500 bbl equivilant of gas. The current trading price of gas production is $35,000. per bbl which equals $262 million. They have 7400 bbls of oil. The current market for oil is $30,000. per bbl. or $222 million Combine the two and you have a value of $484 million Subtract the debt of $200 million and you are left with $280 million or $3.04 per share. Any rebutal from the gloom peddlers?