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Re: Belize Oilwatch post# 34268

Wednesday, 06/20/2012 10:06:28 AM

Wednesday, June 20, 2012 10:06:28 AM

Post# of 116870
PPS Estimates for winners


By mid 2013
1,000 bpd X $80/barrel X 365 = 29.2 million /750mm shares = 4 cents times 15 X multiple = 60 cents

By mid 2014

2,000 bpd X $100/barrel X 365 = 73 million/750mm shares = 10 cents times 15 X multiple = 1.50

You can come and visit me at my beach mansion down in Belize in a couple of years and we can talk about the days when I bought millions of shares of $TECO when it traded down into the mid to low 3's.


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