old man river
It will take a great deal of good news to get this one up to $2 in the short
term
Looks like the news will be better than PSA predicted with China after that. I see this companies earnings accelerating pretty fast. If I'm wrong there should be little downside.
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Potential Value Vermilion 258
Estimated future net cashflow: US$111.7 million over 4½ - 5 years
Estimated future net cashflow/share at 0.7A/US = $1.52/share
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Potential Value China 22/12
Estimated future net cashflow (7.5 million bbls) = US$157.5 million at US$27/bbl (Minas Crude)
Estimated future net cashflow/share at 0.7A/US = $2.14/share
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- makes $7mil for dec03 half year
old man river It will take a great deal of good news to get this...
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