Over the next 4 years EEGC/GSLM will receive $180,000,000 at a rate of $45,000,000 per year. That should immediately increase the value of our shares by $.44, added to the $5.34 in the ground value of the oil the bare bones value of $5.78 a share becomes the minimum value of each share of stock.
Next step is establishing the value of the shares when he strike and deliver oil and gas.
For each (1), one billion barrels of oil we pump the share price is worth $121.36 per share. ($50 net profit per barrel x 1 billion = $50 billion divided by 412 million shares = $121.36)
Then multiply the $121.36 x each additional billion barrels of oil.
SO! For every 1,000 shares you own the value is $121,359.22 for each billion barrels of oil. That is U.S. dollars.
If we discover 9 billions barrels each 1,000 shares is worth over $1,000,000 U.S. dollars.
Anyone reading this want to take a chance and invest just $35 for a shot of a very possible dream come true?
Go for it! $35 is a dinner for one person. Skip a meal its better for you anyway.
