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eik

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eik

Re: eik post# 430

Friday, 02/02/2007 5:09:06 AM

Friday, February 02, 2007 5:09:06 AM

Post# of 5803
One more comment: those estimates are buyout numbers based on production only. Using reserves alone (assuming they confirmed by audit) we will get wide $0.3 – 1.0 range, where particular price depends on many currently unknown factors (infrastructure, etc.). Buyout prices for oil/ng reserves are surprisingly low in Russia… So, I would consider ~$0.5-0.8/sh as realistic PPS target, based on my current limited knowledge.
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