CLR WAL

Ann: Settlement of Proceedings , page-3

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  1. solarfeen
    2,375 Posts.
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    06/01/11
    22:13
    Post #: 7698038
    Nice buy at these levels.

    Current Market $19m
    Cash in bank above $5.2m
    CLR Shares 16,141,550 * $1.15 = $18.85M

    Market Cap $19M Vs $24M WAL Cash in Bank + CLR Shares


    * Further upside of 7.4m additional shares in CLR as nambo1 mentioned if lease is granted.

    * Also the above doesnt account for WAL exisiting tenements.

    WAL Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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