Lundin Oil (LOILY, LOILB Sweden) Message Board

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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Greywolf who wrote (669)	7/19/1998 5:45:00 PM
From: Alan Greenspan	Read Replies (1) of 2742

Sudan adds a lot (Sudanese production distribution for one) to a high potential, geographically diverse portfolio of prospects. But, as one who couldn't believe it got down to $4.00 I must defensively ask: "Would this be near term a plus -or a minus- for LOILY IF stock were swapped at an attractive price?" I'm sure the swap ratio is the key - but what would some Oil-equivalent NAV numbers look like based on approximately current market prices (i.e.$ .75/$4.5= approx. 6 to 1)? Thanks.

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