Trade, I did a little work with these numbers. People want to add in the restricted shares into the framework. This is possibly gonna be a year or so out. This isn't to say we can discount them, we just know at that time what the plans are. There could be a buyback or we could even get a 1 for 1. Who knows. I do know that their reserves are worth $70 on the open market. This merger brings Ndol a lot of wealth. 15bn dollars. I know that there getting less than this per barrel even at $50 its still more than 10bn.
The present unrestricted free shares trading should give a price of about $3.80 ps.... Until we know something more about the remaining shares we don't need to adjust for them. Who knows how much this company may be worth a year away their still acquiring, still growing. The price on the open market could run well over a $100 a barrel with the least of disruptions.
Wish posted an article that was interesting on Wed or thurs about one of Ndol sites that may be used for pipeline. All the news coming out is positive. It will get even better. Mr. Parkin said Ndol with this Merger will grow to unbelievable heights. It has already and its just the beginning. I think the sky is the limit. Our new President has also gained the expertise of all the key people of Ndol.
When we think of Cwpc and Tmy both with losses of 20m + dollars and Char. I know this companies stock price is heading way up. If we also learn that both companies consolidated debt level is low its gonna really move.
Also keep in mind that every company has a sell price except maybe Microsoft. Nwog too could be made an offer with all the buying that's going on among the big Russian oil companies. Its not to say its up for sale, but I wouldn't be surprised if Nwog at some point hasn't been approached. Nwog and Ndol fit like a pair of gloves.
I can't remember who posted the video from PBS on Yukos and Mikhail K. It was interesting to listen to.
For Russian business people to get things done really need the backing or the pulling of the Kremlin. Its not new. Its always been like this. Things became a little lax during the fall of communism and the USSR. Boris Yeltsin was very lenient on business while he was in power. He appointed Putin and things shifted back again in the direction of control by the state. Nothing new.
Putin nor anyone else who replaces him will ever do again what was done to Yukos. The ramifications have hurt him politically worldwide and the Russian companies in the oil industry. Its handicapped them with other countries who question whether or not to do business with them.
Russia could lose business with Eastern European countries and Western European countries and now Israel is questioning. They would have to sell to India and China. They won't from one or two incidents. Let there be another Yukos or another deliberate cut off of heating oil or gas even on smaller scales, and it won't go without it doing irreparable damage.
Nwog going public now is really safeguarding itself. The higher the exchange the better. In 2008 Putin's term will be over and things could shift directions again maybe to a freer society.
Russia will still need a strong leader to retain stabilty and enforce the laws. It was out of control when communism fell. Lawlessness is something Russia can't afford.
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