12-12-2013, 01:47 AM
I'm using round numbers here. Special Dividend would = $4/share.
Based on 50 M shares outstanding and $75 secondary share price as well as GLJ certification, $1B available for share buy-back which would repurchase over 25% of outstanding shares. (variables will change and actual numbers will fluctuate but it is to illustrate my point)
Now run NPV of future cash flows from 30% in CSP and LNG.....not to mention future exploration discovery.
Based on 50 M shares outstanding and $75 secondary share price as well as GLJ certification, $1B available for share buy-back which would repurchase over 25% of outstanding shares. (variables will change and actual numbers will fluctuate but it is to illustrate my point)
Now run NPV of future cash flows from 30% in CSP and LNG.....not to mention future exploration discovery.