Nice14 Oct 2015 13:13
taudelta1
9 Oct'15 - 14:40 - 3056 of 3061 1 0
Dave, Cash $13.537m .. but think one ought to be mindful of decommissioning liabilities (which are near-term)and therefore instead use net current assets which are $10.423m. With 185 mln shares and £/$ = 1.534, this comes to 3.67 p/sh. Agree with Orinocor tax losses very significant, $31.620 mln, another 11.14p per share. AEY is a very attractive shell, could be bought by anybody (not just oilies) ... GLA