a quick calc of value
75 million cash
15 million divestment of international assets ( including Hammamet)
5 million for CB acreage
reserves of 2.9 million
2.8m x 28 per barrel for tapis 78.4 million
100k x 10 for indonesian oil 1 million
175 million divided by = 60 cents per share
assuming a few costs in the process ( 5 million ) 58 cnets per share cpaital return
would you take it or not
I would
quick vote = wind up or now
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