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HokieHead

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Re: terps71 post# 9854

Friday, 11/24/2017 8:21:21 AM

Friday, November 24, 2017 8:21:21 AM

Post# of 63432
And that's not projected, its actual and will be higher as the rigs come online and more are purchased.

Using rounded figures..

$1.1 million revenues
$700k EBITDA
8.5 million OS

$700k/8.5m = $0.08 EPS

Add a 25 PE (probably low for this industry)..

$0.08 x 25 = $2.00 PPS

And that's not counting any other aspects of the business, more growth or higher bitcoin prices.
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