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stock_peeker

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stock_peeker

Re: cl001 post# 5664

Monday, 02/08/2010 11:02:14 AM

Monday, February 08, 2010 11:02:14 AM

Post# of 17741
IAE.v looking good for next yr.

Here's a post from Stockhouse this AM:

I do not know if anybody noticed but the forecasted initial production for Athena was about 2K BOPD in the December corporate presentation page 6. Now we are talking 5K BOPD. With all the production upgrade we have to revise the early 2013 production estimates to above 20K BOPD.

Care to calculate that cash flow ?

I did, $2.5 per share at $70 a BOE !!!!!

Not a bad forward cash flow for a stock trading at $1.4

Crab Nebula:

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