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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: patt who wrote (12945)11/30/2000 3:58:28 PM
From: Brumell  Read Replies (1) of 15703
 
You can bet your bippy they'll have to raise money and bigtime. Trying to figure out how much is the big question. Grayhairs post re: BKP#2 helps with timing but many questions remain such as:
1. number of planned wells
2. production levels from BKP#1, #2, etc.
3. NG prices.

A wild ballpark figure indicates $100 million Cdn. could be required for new wells and infrastructure. It could be more. Others may have better figures. I'd like to hear them.

Bob
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