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Gold/Mining/Energy : Petrokazakhstan Inc.
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To: pz who wrote (1666)5/24/2001 11:18:23 AM
From: forecaster  Read Replies (3) of 2357
 
pz: Reserves Update.

Hurricane's latest reserve report as of May 1, 2001, estimates the present worth value before income tax, on an escalating price basis and 10% discount as follows:

(1 US$ = 1.5473 C$)

Present Worth Value: US$3,448,141,000 = C$5,335,309,000
# of Fully Diluted Shares: 84,656,439
Present Worth Value/FD Share: US$40.73 = C$63.02

At US$9 or C$14 market price, we are still trading at only 22% of the estimated value. Triple from here?

Forecaster
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