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Lochan

04/28/07 5:04 PM

#32080 RE: wishmd #32079

When we get the audited financials in a month, we will be able
to more accurately calculate the present value of future cash flows. We will then project pps in terms of future earnings with a multiple that is reasonable for this sector.

Along with the AIM uplisting and a few other deals being completed in the next twelve months, according to Mr. Malyshev, we should get up to $1 per share. That might make
some of us happy and rich, while others will be relieved that they did better than just break even.
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eik

04/28/07 5:26 PM

#32081 RE: wishmd #32079

Of course, one would get much higher numbers if used the potential that's obvious here (new contracts, acquisitions, production, etc.) I used to come to numbers like $1 and higher when we "almost bought" Magma, and the price of reserves was higher. Actually, the simple act of merging with anybody, changing the name, ticker, and exchange - starting "new life", would probably bring NWOG's valuation closer to sector average, which is in 0.5 area, as we discussed before. OTOH, I don't think that Malyshev's EOY $1 target is somehow "calculated" or based on some fundamental data. I take it as a management "wish". They own millions of shares that may gradually become unrestricted starting next month. I would think they are more interested in bringing the share price up than me or you. And they have all the means to do this.
IMO.
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STRONGUS

04/28/07 8:21 PM

#32083 RE: wishmd #32079

I think 60 cents is still good target but bringing down cost basis would make you see profits sooner imo..
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runningAllDry

04/30/07 3:55 AM

#32088 RE: wishmd #32079

Well - a 1$ scenario would require lots of positive future projections. Only good development and growth and PRs which give us an idea about how company is growing could bring us this high.
NWOG is in a situation to manage this but theres still a lot of work to do for our russian friends i would say.
Anyway, personally i thing mid term 0.6$ scenario sounds much more realistic to me.
In any case, they have to become more transparent (full reporting/clear PRs etc etc) - share prices goes up when people are willing to invest and buy...most won't as long as they don't see how company is doing...apart from us crazy people around here of course. ;)