North West Oil Group, Inc. (NWOL)

[davidam]

By: Soroske
13 Apr 2006, 05:57 AM EDT
Msg. 1859 of 1859
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from the previous prs this is interesting stuff they said:

"We can project similar results for the next quarters and project total revenue of our product and trading divisions to be approximately $19 million USD with EBITDA of approximately $8 million USD providing shareholders with $0.09 USD sales per share, $0.04 USD EBITDA per share and $0.01 USD per share of Net Income After Taxes and that without considering the production of our oil reserves. In addition, if we compare value for value, Nord Oil has 10% of the reserves of PetroKazakstan, which is valued at $4.4 Billion USD and therefore should translate in Nord Oil's value to be $440 million USD or $2.06 USD per share, making the current stock price truly undervalue," further added Mr. Makarov."

----> this tells me they make a lot of bucks already and the reserves are not in production yet... i assume the reserves in PETROKAZAKSTAN are proven reserves which means the $440M USD is a secured REVENUE for the future...
my guess then is that the buyout price will somewhere be around the level of 2 dollar...also keep in mind they will alraedy have 10% of our common stock before they sign the deal which makes a 2dollar buyout deal a very fair price...the reason why he says something like that in pr tells me he wants to let the us know that the company will never accept an offer that is lower than that... time will tell...