TXN 0.00% 58.0¢ texon petroleum ltd

the efs value is managing to stay in the $75 mill bracket for...

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  1. 7,782 Posts.
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    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











 
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