Novus Energy Inc NOVUF

$1.10

[largeinvest]

Is my guess for the buyout price

[Blazin_Sunfire]

do you not read the previous posts?

[largeinvest]

Well maybe if your lucky you can squeak out $1.20?  I just don't see the $2 everyone is hyping on about. 

[ardvark11]

Hey largeinvest,  go short RRX if you are so sure of your valuations.

[naeden99]

Do you have any basis for this? My math shows that at $2.10, Novus would have an EV / Netback of 6.1x vs RRX at 8.5x.   I use annual production for 2013 and most recent quarter netback. NVS numbers are from my model - 4,300 boe/day. Last quarter netback $51.88. ~$81 mm annualized netback. RRX @ 5,150 at $63.28 ~$107 mm annualized netback. The only thing that would imply a $1.10-$1.20