BlueFire Equipment Corp (BLFR)

[lovethatgreen]

1650 bod with the next acquisition producing an annual 25 million EBITDA equaling .75 cents a share with curremt OS 1.66 after share reduction . They recorded. 02 cents net profit for one month out of Screaming Eagle so add on another. 24 cents per share current OS for 12 months .48 after share reduction .
$2.14 per share no multiple
Unless I missing something, I don't see how the stock doesn't get over 2 bucks with this new acquisition

As soon as Resource closes they receive 1 million that they use activate 6 wells on Screaming Eagle.

Even if they only get to 5000bod by the end of 2024 they say 10000, this stock will be well over 10 bucks easy jmo