Monday, March 12, 2012 10:48:50 AM
1 billion barrels recoverable using 5% interest gives GYSN ownership in 50 millon barrels. At $10 net per barrel to GYSN ($100 less expenses/taxes/fees) = $ 500 million/ 80 million shares OS = $6.25 per share value ...
1 billion barrels recoverable using 5% interest gives GYSN ownership in 50 millon barrels. At $20 net per barrel ($100 less expenses/taxes/fees) = $ 500 million/ 80 million shares OS = $13.50+ per share value ...
The variable we don't know right now is current cash flow from the properties.
Ad the assets into this company and add a muliple and I sy booooooooooooo yaaaaaaaaaaah !!!
git 'er done and let 'er run !!!
Red
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