Aeris Environmental Ltd T.AEI

Primary Symbol: AETLF

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Aeris Environmental Ltd is an Australia-based company, which offers environmental cleaning products and services. The principal activities of the Company consist of research, development, commercialization of technologies and global distribution of HVAC/R Hygiene, anti-corrosion and disinfectant products. It also provides HVAC/R Hygiene and Remediation Technology, Indoor Air Quality and Corrosion Protection services. The Company's segments include Australian Operations and International Operations. Its product categories include HVAC & R, Cleaning and Disinfecting, Surface Cleaning, mold and Odour Control, Equipment Cleaning and Corrosion Protection. AerisGuard products prevent mold and bacteria growth in HVAC & R units. Its hygiene products kill germs, bacteria, some viruses, mold and other fungi on hard surfaces and on hands. The Company's technologies include Tri-Enzyme-Clean, Residual Shield and Probiotic-Guard.

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Aeris Environmental Ltd > New Presentation Out, trading at C$5/boe of 2P reserves

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Comment by George98on Sep 09, 2016 3:06pm

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Post# 25223250

RE:RE:New Presentation Out, trading at C$5/boe of 2P reserves

Resident basher a.k.a. ufoolme, uou sound like a broken record. You have such a confusion in your head . You repeatedly mix the facts with unsubstantiated allegations and make your story.

Few facts: GOLDMAN SACHS is a major shareholder now.

Tim was hired in April 2013 when it was too late to turn things around because Lone Pine ALREADY had a lot of debt so it filed for bankruptcy in September 2013.

Debt Free companies do NOT file for bankruptcy. AEI was Debt Free after the recent asset sales in June and its remaining production was about 1,600 boepd including the behind pipe production.

Read the presentation, u might get some help.

George98 wrote:
Twood3, you do miss the whole AEI story and the sequence of events. I don't know whether your second alias is "ufoolme", the resident basher of this board.

First, AEI was debt free when the management announced the merger with Lone Pine. And debt free firms do NOT file for bankruptcy.

Proforma the merger, AEI's insiders and GOLDMAN SACHS own a significant amount of shares of the new entity.

Yes you read that correctly. This is Goldman Sachs because Lone Pine was owned by Goldman Sachs. If you do a serious dd you will find it.

George98 wrote: New presentation of the combined company is out. It was posted in late July 2016. AEI's Princess wells cost just C$700,000 and have amazing economics and this is why they will be one of the core growth drivers for the new combined company. Their ROR is 70% and the payout is just 1.3 years based on May 2016 strip pricing.

At the current price of C$1.30 per share, AEI's Enterprise Value is C$21 million because AEI holds C$4 million cash. See sedar.

This means that based on the merger ratio 77-23, the combined entity's Enterprise Value is about C$92 million.

And the combined entity has 18.3 MMboe oil weighted 2P reserves, so these oily reserves are currently valued for just C$5 per boe!

This is one of the lowest key metric now in the oil patch among the firms without any debt problem.

And the new entity has very low DCF ratio, see presentation. Q4 Cash Flow is about C$6 million so annualized is C$24 million while bank debt is just C$5 million.

See slides 8 and 14 of the new July 2016 presentation below to see the Princess wells:

https://www.lonepineresources.com/presentations/

I had Yoho (YO) and ZAR and both jumped 100% when investors realised their deals and how undervalued they were. See my posts at YO and ZAR if u doubt when I WS proving how cheap they were.
Same 100% rise will happen with AEI quite suddenly too.