Southern Pacific Resource Corp STPJF

did anyone notice

[adamsight]

the presentation
https://www.shpacific.com/en/presentations_profile/2014/stp-presentation-2014-20-05.pdf
was dated for yesterday
I havenet look but wonder what changed

[thomasglen]

This post has been removed in accordance with Community Policy

[CatCatCat]

Enterprise value shown as 716M

[Risky_Business]

And.....that's a historic # from May 1st.  Does not indicate any projection.  Irrelevant fact. Common Market Cap + Debs + LT Debt = $716MM

[nikehercules]

That works out to 33 cents a share. I hope they can get a better deal than that.

[Risky_Business]

The $0.33/share was the traded price of the stock on May 1st...that's it.  Nothing more to read into this.  I reviewed the whole presentation, there is nothing new here. The NPV10's for 1P, 2P and 3P are the only estimate of future value.  The 1P valuation of $900MM would imply an common share price of $0.80/share. RB

[Awarded]

Adamsight.  You got my curiosity re why a new May presentation was put up when the previous one was labelled as “final”.   I compared the two.  The only thing I could ascertain as different was the following footnote added to the bar chart of Senlac Netbacks (slide 9).   *FQ3 2014 royalty credit as a result of a 13-month adjustment due to higher capital spending and lower