new major shareholder - the plot thickens, page-7

TBE,
If we assume that VPE's 45% of DJ ( 200 BCF ) is worth 50 cents ( as per Stockanalysis..Peter Strachan ) then Pl171( 20% VPE ) could be worth 20% of 650BCF equals about 72 cents.

And dont forget ATP574 ( VPE 30% ) of 1000BCF equals about $1.67.

So there we have it
Don Juan 50 cents
Pl 171 72 cents
ATP574 167 cents

Total $2.89 per share.

And I rather think that BG will get cracking on proving it up as fast as possible. What a great partner to have.

And that is why BG, Sentient Group and now Mr Elphinstone have invested in VPE......in what might be said is one of the worst markets mankind has ever seen.

And that is why my brother and I are loaded up. These opportunities dont often present themselves. There is nothing like getting hold of an unloved stock and watching it blossom. Did the same with NZO. And boy, did the tall poppy loppers hate that one.

Times have changed for VPE. The new shareholders are the proof of that.

This is a good story.