200million barrel onshore poss 50 plus bagger, page-47

After hightlighting the negatives all weekend, I decided to gambling a massive $1,000 or 13,000 shares on GGX.

(Yep. That's V, last trade)

200M barrels x 40% = 80 million barrels to GGX.

8M barrels year over 10 years (is that possible?) at $25 NPAT per barrel on 200M shares (includes CAPEX) = $1 EPS or $8 share price target on a PE ratio of 8.

$8 x 13,000 shares = $104,000 return or 100 bagger...

LOL...this oil well has no hope...however, why not have a little hope...

POSITION HELD - BUY (not too many! lol)