NP Energy Cp New Message Board

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Gold/Mining/Energy : NP Energy Cp New

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To: brokker who wrote (10779)	2/23/1998 10:47:00 PM
From: brokker	Read Replies (1) of 22810

What is wrong with this picture? If MDIN is worth $0.56, NP should be worth at least $0.0927. NP owns 14.4 million shares of MDIN, thus 14,400,000 @ $0.56 per MDIN shares is : $8,064,000. Furthermore $8,064,000 / 87,000,000 (npec shares outstanding) would equal $0.0927 per NPEC share. A 6 to 1 ratio. All this would give a value of ZERO to any other assets held by NPEC. Of course a severe dilution could change all these numbers. Pure promotion or not...we'll see. Brokker.

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