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Re: frenchbroad post# 279402

Monday, 01/06/2020 11:34:59 AM

Monday, January 06, 2020 11:34:59 AM

Post# of 405181
Assume .08/share (some dilution) then add for the royalties (another .08 to .20?) and multiply by 10 x earnings and we get about $1.60 to $2.80 per share in 2 to three years. That’s a back of a used napkin guesstimate.

A man asked a boy if the swamp before him had a hard bottom. The boy said yes. But the traveller's horse sank in up to the girths. "I thought you said that this bog had a hard bottom." "So it has," said the boy, "but you have not got half way to it yet."

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