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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (148267)	3/25/2011 7:53:54 PM
From: DELT1970	2 Recommendations Read Replies (1) \| Respond to of 206322

We'll need ED to again lead the Q&A session Monday with a number of thought provoking questions. I think he knows this situation as well or better than the analyst group. CARPINTERIA, CALIFORNIA--(Marketwire - 03/25/11) - NiMin Energy Corp. (TSX:NNN - News)(OTC.BB:NEYYF - News)(Pinksheets:NEYYF - News) ("NiMin" or the "Company") will release its 2010 fourth quarter and year-end earnings on Monday, March 28, 2010 before the market opens. The Company has also scheduled a conference call in connection with the earnings announcement for Monday at 11:00 a.m. Eastern. The call will be open to the public through (877) 407-0782. A live audio webcast will also be available via NiMin's "Investor Relations" page on its website at niminenergy.com, and can be rebroadcast following the call. A replay of the call can also be accessed by dialing (877) 660-6853 and conference ID: 369793, and will be available through April 11, 2011.

To: Ed Ajootian who wrote (148267)	3/26/2011 2:50:41 PM
From: Paul Senior	Read Replies (1) \| Respond to of 206322

Ed Ajootian. That Global Hunter report on NiMin is incorrect, or now obsolete. Fully diluted shares as reported by the company are 81M shares, not 75M. "The PV-10 of the company's proved reserves came in at $248MM or $17.97 per BOE. On a fully diluted basis, 75MM shares, NiMin's PV-10 per share equates to $3.13." There seems to me to be several pv-10 numbers depending on what's included/excluded in "proved". The company seems to say (Mar. Presentation, p.16), their pv10 proved&proved developed in 2011 is $311M vs. $215M in 2010. So I'd make pv-10 per share now to be 311/81 = $3.84/sh. Regardless, conclusion remains the same: "Whole lot of oil". I'll review to see if I want to add to my small position.