Lundin Oil (LOILY, LOILB Sweden) Message Board

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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Timelord who wrote (284)	9/7/1997 12:28:00 AM
From: Tomas	of 2742

Stock price should get some support on Monday from an article in Saturdays Swedish Financial Post. They find Lundin Oil very cheap and their recommendation is BUY. Motivated stock price Swedish Crowns 65 = US $8,30 = CAD 11,40, sounds reasonable to me. US $8,30 * 80 MM shares = a total of US $680 million. They find the upside potential to be high. This newspaper has not been too fond of IPC/Sands before. Do you think the recent crisis in Malaysia has had any negative influence at all on the stock price? Today I sent a fax to Sands in which I asked them to publicly address their listing intention for Lundin Oil in North America. Tomas

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