RE:RE:The Cost of Oil Production from 2014 FP (Rystad Energy)Better yet, lets buy Sawn Lake ourselves! At 5 cents per Canasia share that is only $2.5 million with over $7 million ($0.14 per new share) in the bank. As of this afternoon 1 POE share worth $0.78.8 U.S. was worth $102.44 CDN. $1.16.44 CDN is cash value only and nothing for the Sawn Lake assets including a plant ready to pump 640 bopd and enough barrels for the next 50 years.
Hopefully Value will show up next week. Who knows, maybe Jeff has an announcement he can't make until this deal is done. Such as resume pumping what we ahave at SL, a new deal in Asia that has nothing to do with an energy auction, or financing to buy an already negotiated assets. Or Canasia does nothing and gathers moss for months on end.