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Re: Nightdaytrader post# 350358

Sunday, 05/29/2022 8:20:39 PM

Sunday, May 29, 2022 8:20:39 PM

Post# of 360797
If they are somehow seriously able to secure 15% in EEZ block 6...

... and they find 13 billion barrels comparable to Namibia.

Then 13 billion x (115 -70) = $585 billion in profit oil then multiply that by 15% = $87 billion

Now let's give that insane number a 95% haircut for no reason... other than to be completely STOOPID so 87 * .05 = $ 4.4 billion.

Still DOLLARS on just that 15%

Krombacher