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Re: judgeybrown post# 9423

Wednesday, 10/14/2020 4:06:45 PM

Wednesday, October 14, 2020 4:06:45 PM

Post# of 13335
That's what I'm looking for. A range of possibilities from the Pr'd option for Big Foot. As for valuations I have found that other companies, (pre-Covid, pre Russia-Saudi) were going for 1.6 to 1.8x the gross $ based on BBL per year x price per barrel. So lets say it was $44 million per year. ($44mm x 1.7) / 52mm OS = $1.44. Of course to get there Oil would have to be in the $48 range but its also projected to be $65 by late 2021.