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Re: None

Wednesday, 11/30/2016 12:24:46 PM

Wednesday, November 30, 2016 12:24:46 PM

Post# of 148
AREX... The value of all Permian acres regardless of location has increased much over past two years. What is the current value of AREX acres? $7,000, $10,000, $12,000 per acre ?
At 10k acre x 126k acres = 1.26 Billion less 500M debt = 726M to shareholders with 41.61 million current shares outstanding that would be $17.44 per share