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East West Petroleum Corp V.EW

Alternate Symbol(s):  EWPMF

East West Petroleum Corp. is a Canadian exploration and production company. The Company is pursuing conventional exploration and development oil and gas opportunities around the globe. In Romania, the Company has exploration rights in two exploration concessions, including EX-7 and EX-8.


TSXV:EW - Post by User

Comment by Dragoonon Feb 15, 2024 10:43am
90 Views
Post# 35881809

RE:What is EW worth besides 8 cents cash? Ideas?

RE:What is EW worth besides 8 cents cash? Ideas?I love to hear everyone's thoughts:

Dragoon wrote: Cash Q2 is 5.2 mln 
Cash NZ deal when closed is 1 mln USD = 1.3 CAD 
Total Cash is then 6.5 mln CAD 
6.5 / 86 mln shares = 0.08 cents cash per share, liabilities cleaned with NZ deal.

-Then how much is any "shell" listed company worth?
-Then how much value do we add for Romania that NIS wanted to develop 3 years ago with lower gas and oil prices? 
-How much value to add for potential deals with a public company loaded up with cash? 

These are 3 questions to add to the cash value. Any ideas?


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