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Bullboard - Stock Discussion Forum Atikwa Resources Inc. V.ATK

An oil and natural gas company

TSXV:ATK - Post Discussion

Atikwa Resources Inc. > Best Case
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Post by oilguy75 on Dec 05, 2012 8:48pm

Best Case

What do you guys speculate as a buy out price?  I just want to break even at this point.....
Comment by renoit7 on Dec 05, 2012 11:43pm
I know two deals in Virden, MB where around 200 bbls/day with no additional land both went for around $20 million. One was to Corex and the other was to Tundra. With similar production and more upside I'd hope a deal would come in around the $25-28mill, minus off our debt and we should see 5.5-6 cents.   To answer Saskys questions, no they're not common, but will probably become more ...more  
Comment by cheapinski on Dec 06, 2012 9:50am
thanks for sharing your convo with kehoe.....appreciate that. I guess we wait and see the terms of the agreement and hope for the best. thx again, cheapie