RE:RE:RE:RE:RE:RE:Shareholder Valueark88 wrote: martindale wrote: SMlachake wrote: We almost always take it for granted that our SP is in C$ .. so take those numbers and multiple them by 1.2-1.3 and we can see we sit at X100 for acquisition value.
A big 10-4 to that SM, $4.7 billion US = $6.1 billion CAN... giving our 25% in Can $ 1.527 billion...
All Reserve estimates are done based on future contracts known at the time of RR preparation.
The futures contracts for oil are not $105 pb. Just saying
What is critical here is not the PSC, RR or for that matter price of oil. What is critical for all the stakeholders of Sonoro is the BUSINESS RELATIONSHIP with our partner that is being worked out as we speak. That is what has held us up for the last 2 years and has only seen some daylight 4 weeks ago.
The resolution of the business/working relationship has to come first. Something happened when Kirk took charge. 2 board seats made available, redoing the RR (why???), SGE ownership in SNV for what purpose? (beyond the obvious).
Lets see if he can close what he has started. If he can, then he is a HERO and derserves all the accolades and options to be awarded.