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Re: Reserves Update<<Even with 20% discount after tax 2P NPV is $281MM. Add in $80MM cash and CEN is worth ~$360MM or ~$3.75 share on very conservative basis - but that presumes they can produce something....>> And that's why I'm an owner and why I picked up another 15K shares at ~$1.50. Current EV is half of an extremely discounted valuation. The production issue was always only going to be short term when Nexen said the strike was over more than a week ago...
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| Msg # | Subject | Author | Recs | Date Posted |
| 397 | Re: Reserves Update | paperwerks | 2/29/2012 11:15:15 AM | |



















