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Bullboard - Stock Discussion Forum Rodinia Oil Corp. V.ROZ

TSXV:ROZ - Post Discussion

Rodinia Oil Corp. > We are not using the correct Math to evaluate Liquidation Value of RODINIA
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Post by stockbaby on Jul 01, 2013 4:46pm

We are not using the correct Math to evaluate Liquidation Value of RODINIA

Let's try this:

Current Capitalization....................................$1 Million
Value of PFC Shares say...............................$300,000

This leaves a residual value of land at............$700,000

We are entitled to acres...................................20Million

Value per acre 700,000/20Million....................$0.035/Acre

Assume .....1.00 per acre for the land/leases, then

Leases are worth............................................20Million $$$

Given that we have shares outstanding         100Million

Value of Company is $20Million/100Million or.......$0.20 ignoring accounts receivable and PFC Shares
Given curent price of $0.01/share, $0.20/share looks great.....................I am not sure that $0.20 is correct, I think that the value is much higher than that, and it should be up to management to clarify this as quickly as possible with a professional opinion, after all the strategic review has obviously taken this into account. I would like to ask for an investigation, as to why management has not taken the liberty to issue a press release that shows the value of the leases as of today. Furthermore, they should state that they are now in liquidation mode as far as the leases are concerned. After selling the leases for the correct value the Company may be able to reinvent itself and continue, or it pays out the residual cash to the shareholders.







Comment by stockerz1 on Jul 01, 2013 5:00pm
Here is a timely information on the stock market.. hottestpicks.net.That has made thousands of dollars in profit for its readers.
Comment by dirtmerchant on Jul 02, 2013 12:17am
I think you might be developmentally delayed......most transparent pumper ever
Comment by stockbaby on Jul 02, 2013 2:22pm
I would be interested to know, if there are any naysayers in the crowd..................if they have a problem with the math.................seak up and tell me wherte it wrong...........................SB
Comment by dirtmerchant on Jul 02, 2013 2:57pm
why are you "assuming" a $1 per acre for land/leases? No one stepped up to offer us anything for the land. The reality is this land is the hardest land to drill and furthesat away from infrastructure. I bought shares in ROZ knowing I had a 5% chance at best for success. It was a gamble and it didn't pay off. I just hope people aren't investing in this based on your hype
Comment by stockbaby on Jul 02, 2013 4:10pm
Land nearby sold for over $100.00 per acre....................my posts are no hype..................if anyone believes that this the correct value for the land/lease etc. (That being $0.01/acre)............I have no words for you......................................
Comment by RetroINTellect on Jul 04, 2013 11:46am
ROZ is RIZ and going out of biz HAAAAAAAAAAAAAAAAAAAA land nearby is not the same when you are talking about mining you toolshed of life. SKWEEEEEEE you got baggatroned. you fell for the hype, and got SMASH A TANKED!!!! next time listen to the RETRO when he tells you to do your real dd and dispel the hype, peel mthe onion and check the wildcat zeroness.... 0.005 LMAOOOOOOOOOOOOOOOO i TOLD YOU! ...more  
Comment by stockbaby on Jul 04, 2013 12:18pm
Thank you so much, for your intelligent reply...........................i wish you all the luck in the world.......................