re: Ann: Unsolicited Expression of Interest i... The 24000 acres at $5-$7000 per acre
approx 56c per share sale value
but again giving up assets on the balance sheet.
Whats the sale for , to drill and spend, give a special dividend, farm in elsewhwer, or just to raise hard neede cash.
56c + 12c = 66c upside possible , but mass decrease in assets.
My over all guess is it probably adds 20-35c value to your company.
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Ann: Unsolicited Expression of Interest in Leaseh, page-25
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