More seriously, now if and when others can only learn about us I'm sure my plan will prove out! I predict that by Christmas we will be doing over 150+, maybe as much as 200 bbls/day based on the projections/tests/history todate - do the math - that could be over $2M annual gross income for TRSI's share for just the four wells in Phase 1. I used conservative numbers IMO. This overall contract is roughly worth 6+X that number in types of activity (total of approx 25 wells) and expectations IMO and therefore we could now be talking $12M annual gross income.
Anybody think TRSI might be worth more than a $1.7M cap rate with this contract in place, being executed agressively, and $12M revenue potential? And anybody think there are not other irons in the fire that would add even more value?
At some point the fundamentals alone will be a driving force - low risk and near guaranteed results in a hot market - I'm glad I'm in early. Glad to see that others also see the possibilities. Thanks lowman for the excellent site to share on.
zagdad
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