GREY:LSTMF - Post by User
Post by
chantal2468on May 27, 2015 6:17am
161 Views
Post# 23768162
cant anyone do simple math?
cant anyone do simple math?
NO!!! leg cpg deal is not a good deal for legacy....NO!!! that doesn't mean LTS would triple in price given the same deal....14k of the 22K legacy production is the same as LTS bakken....legacy got paid between $1.0B -$1.1B for their 14K se sask production....that price paid to LTS would not triple LTS share price...Wright said quite clearly last week...our debt plus reclamation liab is $2.0B + $300M mkt cap = $2.3B enterprise value....in other words for those who don't speak English or can't do simple math...OUR SHARE PRICE ALREADY REFLECTS A SH*T PRICE OF $1.0B-$1.1B....getting $1.1B for Bakken doesn't make our share price triple