...Ok SD has indicated there is 51million barrels of recoverable oil...
...10 percent of that is 5.1 million barrles which is VIL share...
...5.1 million barrels at 80 bucks a barrel equates to 400 million bucks...
...Throw 100 million away for costs, taxes both there and here and sundries...
...Leaves 300 million and that is conservative...
...Current Market Cap of VIL is 14 million bucks...
300
-14
=286 million dollars
...This leaves no value for FP and LP and any tax losses VIL has which would be plenty...
..Do your mathes here VIL should be conservatively ten cents and that would still be undervalued by some 50 percent...
...RB
...Ok SD has indicated there is 51million barrels of recoverable...
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