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Post# of 18778
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Julius Erving

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Julius Erving

Re: oil-cowboy post# 7718

Friday, 03/11/2016 5:12:03 AM

Friday, March 11, 2016 5:12:03 AM

Post# of 18778
Let's say 50 million barrels at $15,- = $750 million times 30% = $225 million divided by let's say 40 million shares = $5.63

We are now at $0.06

$5.63 / $0.06 = factor 93.75

A current investment of $5000,- now will generate you $468.750,-

Realistic when oil is found? I absolutely thinks so. I don't know what the minimum amount is that CEPSA needs to find for commerciality?
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