interesting...
the report estimates $106mill value for farmout deal...
(my own predictions were for like 75 to 100mill range :-) )
with whn holding 20% stake...
and cash component of $5mill... which would mean 106-5=101-25(3d seismic)=76mill for drilling(?)...
this would cover about 3 holes... if about $20-25mill each
the potential 250mill barrels oil strike giving whn a value of 42cents per share might in fact b much much higher, if they happen to drop 3 drills in 3 mother loads... etcetc...
wishful thinking i know... but thats y we re all here :-))
stock analysis => whl, page-2
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.773M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 91289 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 100000 | 1 |
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