Equal Energy Ltd EQU

CURRENT NAV

[dbeaude]

Any thoughts on the calculated NAV based on current gas, NGLs and WTI? When dry gas prices were higher, some analysts had the NAV at over $10. I believe it is currently around $8.

The reason I ask, is the current accurate NAV will have a definite bearing on the price they get along with projection range of resource upside potential. I suspect that selling the US and CDN assets as separate transactions would yield the most for shareholders.

I hope for Nawar's upside price estimate of $7 comes to fruition and considering the NGL and oil based resources held by EQU in prolific geographies, this number is a real possibility particularly if the entire company is sold in two parts. This will happen likely if the BOD and management are not wanting to hang on to their roles and the shareholder's interests are put ahead of the management's and BOD's.

GLTA

[bluemoon63]

In what future year ? Sure doesn't look like this will happen in 2012. Never think that management has shareholder interest at heart. What worries me is that the BOD is so stupid we could see a "take-under", they do well and we get the shaft. IMO if something doesn't happen by October option expiration 19 Oct, nothing is going to happen.