Thursday, December 24, 2015 11:56:56 AM
If you have 50 men working in 3 man teams and they are able to get two wells up a day.It will only take 62 days to get the wells operating.
50/3= 16.6 Make it even at 16 cause can't have half a man
2000/16= 125 days at one well a day
125/2= 62.5 two wells a day
Thats what I see unless I have done my math wrong. Once they get all of the approvals, this will move very quickly. Possibly by the end of February the wells will be producing 75,000 a day.
70,000 * 305 days = 22,875,000 will be made the rest of the year.
I understand that is if all the stars align but that is what we are looking at and that is what the company sees. That is why I am assuming that they feel confident that they will be getting uplisted to the Nasdaq. Then once you add the factor of ten you get 200 million, then you get 44 million with a factor of 20, which is the average that most stocks sit at. That would mean that their market cap would be plenty high enough to make the Nasdaq.
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