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snowcrow

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snowcrow

Re: None

Saturday, 01/06/2007 4:54:06 PM

Saturday, January 06, 2007 4:54:06 PM

Post# of 45178
My read of the recent "economic analysis" is that BD has a mere net PV of 11-million of proved reserves. The announcement doesn't tell us over what period of time the future cash flows are being discounted by 10%. But it does appear to be the case that the net 11-million is not annual, but is to be realized over some period of years. However, a few posters have indicated that this is an annual figure. Can anyone help me to understand how I should think about this number? Thanks.

Obviously, 11-million net annually of proved reserves would be great news!

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