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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Bullboard Posts
Post by cdn_stockson Nov 23, 2005 12:00pm
110 Views
Post# 9900534

$4.20/Share....

$4.20/Share....caliche check my numbers please, but if I understand this arrangement Santa Rosa is worth about $4.20/share (discounted at 8%) to OLE. Numbers I used are, - Undisounted NPV: $716 million - (discounted NPV at 8%): $351 million - OLE's share of Santa Rosa: 41.6% (after taking out Surge's and Ottoman's share) - OLE S/O: 35 million - Estimated Life of Project: 20 years Thus, OLE's share of this project is worth $4.20 share fully discounted.
Bullboard Posts