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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Oil who wrote (2869)5/29/1999 8:01:00 PM
From: 1st.mate  Respond to of 15703
 
Were going to get a cash flow !!!!Yes!!!!
Happy weekend Ray!!!!Matey



To: Mr. Oil who wrote (2869)5/29/1999 9:29:00 PM
From: grayhairs  Read Replies (1) | Respond to of 15703
 
ROTFLMAO. You're probably right. I shouldn't continue to be "over extended" !! <gg>

Forgetting all other assets, cash on hand, exploration interests, etc. and only looking at ELH, I use:

HTP Prospect Working Interest of 11.425% compared to KOB's lesser interest of only 4.4625%.

HTP fully diluted shares of 28.8 MM compared to KOB's 23.0 MM(assuming the rights are taken down fully BUT NO additional options are issued to insiders, Yeh right !!!).

For more info, see the EJ website. I gotta run for now.

Later,
grayhairs