CE1 0.00% 0.9¢ calima energy limited

Hi I received the share buy - back offer booklet & it mentioned...

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  1. 51 Posts.
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    Hi I received the share buy - back offer booklet & it mentioned delisting, I do smell a rat as it appears the only asset they have now is 10% working interest in Paradise well but Calima holds a 100% working interest in a half section of land (only subject to Crown royalties) in theCharlie Lake Formation.The Property offsets the Boundary Lake “A” pool which has produced over 240.0 million barrels of oil and 173.4 Bcf of natural gas since 1955. Maybe there is big value in that when its proven & subsequently then sold off. I only hold 3500 shares so I am a buy-back target, not sure what to do at present. I am struggling to work out the value of my holdings if sold
 
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