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Engineering, procurement, construction & management of crude oil refineries.

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Message: Price Multiple's

I like your estimates, but I would think they were on the low side. While doing DD I found a company with an oil refinery in the Philippines, it was producing 50000 barrels a day. It was trading at about $22 a share.

Another thing to remember is that after there is a sign deal we would be looking at least 3 to 4 year before they would be producing any oil.

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