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bhumiartha

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bhumiartha

Re: golfboy post# 1195

Friday, 10/25/2013 10:08:04 AM

Friday, October 25, 2013 10:08:04 AM

Post# of 2595
Well it's good to know 30 cents is the "foundation". I have a feeling anyone who was willing to sell at that price has already taken their profit. We know that the investor sees 48.8 cents is a good buy on this property BEFORE development. For me the real "something" will be a year from now, when Maurel et Prom has the option to exercise a $110 million investment for half the remaining working interest.
That will be the "take off" point.
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