RE:RE:RE:SORRY GUYSWell Cloudy, going by the basic accounting equation of total assets = total liabilities + total clsims on assets (equity) then because total liabilties is zero then you can't see more than 0.15 dollars x number of shares outstanding of total assets in cgx. OK, so you do assign some value to Corentyne. Why any at all? You like everybody else is hoping that the earth scientists got it right.
Be clear man. They either got it right in terms of commercial find or they didn't. If they got it right then you're saying tbat the increase in assets produced at TD will only be worth 15 cents per share? People are asking why you think that. Could be $4 per share or more very easiy with a find of 150 million barrels recoverable with E&P costs $30 per barrel with Brent (light, sweet, crude) at $80 per barrel. What are you assigning value to at 15 cents per share? The port? Cause if they find no commercial oil, that's all that's left.