Ann: Sidi Dhaher-1 Oil in Place Resource Estimate, page-4

  1. 590 Posts.
    re: Ann: ADX: Sidi Dhaher-1 Oil in Place Reso... A $40m valuation would put the options into play. ($40m/142m shares FULLY DILUTED FOR OPTIONS = 28 cents). this is excluding the potential 100 million barrel share in all the other licenses held

    Options expire JUNE 2013, exercise at 24 cents, last option price 3.6 cents).

 
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