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Strategies & Market Trends : Dividend investing for retirement

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To: Spekulatius who wrote (13239)	12/5/2012 12:07:41 PM
From: zen_lunatic420	Read Replies (1) of 34328

PBN.to/PBKEF: I think you are overstating their market cap, I see ~$2B right now which is about half of what you're using to calculate $reserves/share, or are you using a fully diluted number assuming full conversion of debt? Also, their proven reserves are conservative and can/will increase by multiples once they decide which EOR methods will be applied and what recoveries will be.....but looking at potential 5x increase in proven reserves when that phase of the field development begins.

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