Eric, was trying to understand how pr #1 indicates current level
of 300 bpd going to 3,000bpd, and second one indicates an
increase of 2,000bpd. Numbers seem to be off a little.
Either case is a good improvment!
I too hope the new shares are not at a greater than 50% discount.
Dont like it when the people/owners are the ones investing AND
get to make up the rules on the conversion rate...
Seems like a good deal to them, if you know you have a good
company, and know it will be worth more in 2years, then you
sell/buy yourself some discounted shares... I'd like to do that!
I do like that the owners are investing more to increase production.
As long as in two years they dont start dumping cheap shares.
So if National is going to back the company, why did they need
to create more shares?
I agree also that it is good that National is now covering OLEX
and that we may get a Reuters to do article... all good news.
The last earning PR estimate I read indicated .12,
have we had any updates? Your estimate of .25 would be fantastic.
With there own earnings estimate of .12,
I never understood how this stock went down to .29. |
