88 Energy Ltd (EEENF)

[HabibiFresh]

88 gets half of $60 and after fee to Alaska (17%) I think around $20-$25 gross revenue.

Profit prob somewhere around $12.5 per barrel.

Using 12.5b shares

Comes out .5-$1 which again I think is very realistic

With 50 cents to dollar based off how many barrels they found.

But targets like $6 or $8.5 as you mentioned is absurdly high

Again we are not a production company but an exploration company therefore $60 per barrel market price can't be used here