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Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?


To: taxikid who wrote (5313)11/24/1997 5:53:00 PM
From: DRRISK  Respond to of 11888
 
Taxi,
No intent to offend your sensibilities just feeling guilty and contrite but still hope to be vindicated. Anyway sorry for the past. I was truly sincere but possibly duped on these matters.

DrRisk respectfully on a new foot



To: taxikid who wrote (5313)11/24/1997 6:10:00 PM
From: Sycamore  Read Replies (2) | Respond to of 11888
 
Taxi, Obviously you didn't do your homework on this. I don't know how he did it, but this should come close.

Potential Barrels Estimated = 7 billion (Excluding Chikuduk)
Recovery Rate of 15% (7 bil*.15) = 1.1 billion Potential Barrels

AIPC 70% of MSUP (.70*1.1bil) = 770 million potential barrels

= 770,000,000 PB/42 mil shares * .50 cents per potential Barrel
= $9.40/Share (On just potential Oil Barrel Computation)

= $ 9.40/share ( 7/16 structures excluding Chikuduk)

+ 0.60 (Chikuduk (w/ tengiz Potential + Book Value + Refinery

===============

Total $10.00+ Potential Price Short Term