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Sunday, 03/25/2018 10:56:39 AM

Sunday, March 25, 2018 10:56:39 AM

Post# of 4986
Torchlight: High Noon In West Texas

Well written article by David Jennings.


"The take-away is that even if the Orogrande should fail the low-end value of the company is still in the neighborhood of $115 million, or roughly $1.90/share (based on 60.6 million shares). If the Orogrande is successful the simplified price estimate works out to roughly $16.50/share."

https://seekingalpha.com/article/4157553-torchlight-high-noon-west-texas