Ann: Letter Of Intent Executed for Pathfinder Far, page-23

re: Ann: Letter Of Intent Executed for Pathfi... Still just an idea as neither side has committed yet, but if it proceeds then the deal will provide the market with a helpfull valuation.

If we take the buy in of the 30% share to be $12 Million (which is not totally accurate as each well would have to cost exactly 6 mill for akk's 85% share, less dollars put in the well comes in under, and if over we have to pay)

Then akk's 55% residual holding is worth %22 Million

12 million divided by 30 to get what each percentage point is times 55.