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Your guess is probably a lot better than

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brandemarcus   Friday, 01/30/15 09:21:49 AM
Re: bigone post# 67
Post # of 88 
Your guess is probably a lot better than mine at this time. Coswf is at 5 in premarket. Back in 2010 (yes oil was a lot higher-80) the Chinese Oil company paid the same for Conoco Phillip's 9% interest in Syncrude (4.6 billion) than the total enterprise value of Coswf's 36 % interest in Syncrude. Equity 480 million shares * 5 plus net debt of 1.9 billion (near 4.6 billion) buys 1.5 billion barrels of oil.

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