Ann: Interim Financial Report 30 June 2012 , page-8

the efs value is managing to stay in the $75 mill bracket for the moment (if you remove the $25 mill for cash)

imho the proposed sale of the efs is capable of $200 + mill

if you have a de-merger you get 2 for the price of 1..

i see it as $1 + for texon I post sale.. pre sale its exceptional buying..

i think base value for texon II will be olmos reserves plus $25 mill cash.. anything above .10 perhaps?? maybe a little excitement on the east texas shallows adding value??

just thinking out loud...

anyways, the grand sale offer is buy 1 and get 1 free right now.. grande sale grande sale