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Outlaw141

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Outlaw141

Re: 1hot toddy post# 10531

Saturday, 04/03/2021 11:26:07 AM

Saturday, April 03, 2021 11:26:07 AM

Post# of 43277
.Last buyout deal to compare to was 2017...$3.10 barrel was paid for the PUD (proven undeveloped) reserves..Oil was at $45....Oil is at $60 now, so we’ll go with $4.15 value in the ground if the flow is good(critical)..300 million x4.15= $1.24 billion...divided by 12.8 billion shares= .097 cents per share...that’s our starting point if there is a buyer
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  • 1M
  • 3M
  • 6M
  • 1Y
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