Hero Technologies Inc (HENC)

[Smooth]

Got myself confused here too...P90 and P10 price targets were incorrectly swapped...P90 price targets were actually P10 targets, and vice versa. Corrected below. Sorry for any confusion!

1. P90 is the low reserve estimate

2. P10 is the high reserve estimate


Corrected Price targets

Henc: P90 pps = $7.50, P10 pps = $29

TGC P90 pps = $3.50, P10 pps = $15




Original Price targets


Henc: P90 pps = $29, P10 pps = $7.50

TGC P90 pps = $15, P10 pps = $3.50


Again, it's crazy to think that these possible price targets are based on just <6% of the company's acreage where either 2D or 3D seismic have been shot to date.