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What is the business worth? Equivalent company market value - $120M Discount 50% or $60M to be conservative Conservative...
Worldwide oil supply 1986 vs. 2015 oil supply 1986 Global production................ 58 million bopd [ref 1] Global spare...
The sell the entired company is still better.
The quarterly result is almost as aweful as it can be. The commodity price is uncontrolable. However, why would they have escalated...