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Wario, heres some calcs. These are very high level and are based...

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    Wario, heres some calcs. These are very high level and are based on some researched assumptions. There are many variables that can come into play.

    BOPD = 400
    Profit per barrel = $55.00
    Production days = 365
    Availability = 90%
    Annual Profit = $7,227,000
    Shares = 646,000,000
    Multiple = 10

    Share Price = $0.11

    With the price of oil fluctuating these figures are changing daily....

    As mentioned, use these with caution. I have recently seen profit per barrel around $65, so I have been conservative as many factors come into play here.
    Please do your own research and these figures should not be used for future investment decisions.

    Cheers
 
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