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Gold/Mining/Energy : Centurion Energy Intl Inc

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To: Scott Mc who wrote (267)4/24/2002 1:15:49 PM
From: Robert Raymond  Read Replies (3) of 350
 
Anyone out there: I put this on the Canadian oil and gas thread today.


To Kerm: Welcome back. I remember fondly all your work from what seems a long time ago.

I was wondering of anyone out there has done any DD on Centurian (CUX on the TSE). They have production in Egypt and Tunisia that's currently 4800 BOED set to go to 5300 BOED in June and to double that next year if Egyptian government approves the additional production level. Directors seem to be experienced and have overcome some recently setbacks. Currently trading at about one half book value, two times this year's estimated cash flow and six times this year's estimated profit. I have a small position and would like to know if I have missed anything.

regards

Robert Raymond
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