If you merge TXN with SEA based on current mkt caps of both companies ($105m for TXN and $295m for SEA), you would have a $300m company with $170m ($145m and $25m for TXN) in the bank and Eagle Ford Shale that is basically proven and at starting point of probably $1,500 BOPED to kick things off. Even allow a premium of $100m for the merger and still looking good for a $400m company. Just thinking what you could do with the $171m part 1, II and III.
MM I bought BDR in low 20c and sold for up to a 4 bagger a while ago. Held on and off since. Looking to get back in for the gold pour, but that bloody bot again.
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- $171,000,000.00 part 11 and part 111
$171,000,000.00 part 11 and part 111, page-7
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