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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: jim_p who wrote (23943)6/19/2003 7:31:00 AM
From: aerosappy  Read Replies (2) of 206305
 
<<Assume that the assets are reduced by BK slippage and payments to creditors, and that post-BK assets = $2,819 million. In this instance, the assumed 100 million shares could have a post-BK book value of almost $11 each.>>

Oslo this AM is saying that the above is wrong. Oslo is focused on the post-BK equity net worth of USD374 million. Umoe and other existing shareholders will own 34% of this for an outlay of USD85 million cash.
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