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Replies to post #1800 on Petro Rio S.A. ADR fka HRPTY

Replies to #1800 on Petro Rio S.A. ADR fka HRPTY
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Mig321

09/16/13 12:28 PM

#1801 RE: DrillaHill #1800

Drilla, i do not want to make you work more.....but i did not see the tax credits included in your calculation.

So i guess your calculation is even higher. Some people here mentioned that in Brazil there is a way to change those credits into profits.

Thanks for keeping the score!


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VanWilder

09/16/13 7:02 PM

#1806 RE: DrillaHill #1800

Great post!!
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powerwalker

09/17/13 9:15 AM

#1809 RE: DrillaHill #1800

Thanks, Drill, for your work and time spent on this analysis. I am sure it wasn't easy to pull it all together. Makes one think about averaging down with current SP, considering the upside from this point.