Due to copyright constraints, I have only made a couple of comments from my observations. (no Extracting of information)
Please, view the links if you feel the inclination, and make your own summations as to relevence.
http://www.transeuroenergy.com/i/pdf/2010-NI-51-101-Ukraine.pdf
Ukraine Report
Pg 23, 29-30
Figs, 27-30
Tables 8-9
Note:
Expenditure already spent on Pov.
Formulised Success Rates
Read the story Re: Blow Out of one of the wells. They didn’t even make it to the M4 Zone before the blow out.
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http://www.transeuroenergy.com/i/pdf/2011_Prospectus.pdf
Transeuro’s Prospectus 2011
Good info on pages 56-57 & 59-62
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http://www.growthstocksweekly.com/pdf/GSW-Transeuro-042106.pdf
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http://s3.amazonaws.com/zanran_storage/ulyssescreator.stockgroup.com/ContentPages/2456977010.pdf
Note:
Older but full report. (pgs 10-16)
C$4.60/mcf value used. (Exchange Rates +/-)
High Discount rate used
Valuation is comprised 80% of Povorontnoye. Ukraine Assets valued at C$0.35 cps / 80% = 28cps
No work conducted since then to change any relevant information.
Shares for the then holding Co were ¼ of what we have now / Offfset by Gas prices being 3-4 times higher.
General Comments:
I didnt buy GDNO's because I'd envisaged losing money :).
We should all make our own decisions, based on what-ever-you-want to base them on. Taking into account your own research, risk appetite, and buy/sell/trading strategies.
With 3 years (give or take a month or two) on them, I see the future opportunities to hold value.
I brought because I looked into the Asset, not because some ramper made it sound nice, or bacuse a down ramper scared me from buying.
Down rampers can effectively be worse/equal than/to a ramper, because they can stop/scare people from making money...so by virtue...no better than a ramper who pumps and dumps.
Down Ramper = Stops me from making gains. (negative value to me) - So Same as a Ramper.
Ramper = Pumps and Dumps (negative value to me)
It baffles me that each type doesnt see this in themselves.
Beware of both. Make your own decisions, and please read my signature disclaimer. It is sincere. Sharing information.
Due to copyright constraints, I have only made a couple of...
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