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Re: tricoast1 post# 4333

Thursday, 10/11/2007 3:31:40 PM

Thursday, October 11, 2007 3:31:40 PM

Post# of 5894
tricoast1 ....

Patience my friend give it a year or two.

I calculated that the revenue should be at about $60 million by the completion of the 25 well program. This translates into $0.42/Share (assuming that PRVB keeps buying shares back for the next 2 years)

At $0.42/S using 9 PE ratio we should be at roughly $4.00

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