Empire Energy is developing re occuring income from Flare gas.
$300,000,000 is being raised to produce equipment and once the program begins the anticipated market is valued at $2,600,000,000 per year. If we can capture 60% of the market the first year we should see about 10% of the source available. After all is calculated the first year will add approx $.38 a share and in 2 years a total of $3.76 a share.
If the company were to sell off the Flare gas part of the company It is calculated to bring in between $4.50 to $6.38 a share as a dividend, this is after subtracting overhead, the 300,000,000 loan + interest.
Very nice found money compliments of Malcolm Bendall.
