RE:RE:RE:RE:Return of capitalSo you're saying after tax free distribution.
The combined companies will be worth $35 million.
As of March 31st, 3024
They have positive working capital of $30 million.
Cash balance of $20 million.
Tax loss pool of $130 million.
Plus cash flow and increases of about $3.5 million for current quarter.
That values.
High arctic rentals
Delta rentals.
Team Snubbing 42% interest
PIMS
PNG rentals
PNG Drilling services
Worth a combined $2.5 million dollars.
Hmm. A disconnect will be in place should thus come to pass and will result in a rerate or a takeover quickly.