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WhiteSahara

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WhiteSahara

Re: xZx post# 10420

Thursday, 09/06/2012 10:54:55 PM

Thursday, September 06, 2012 10:54:55 PM

Post# of 71458
200 BOPD to realize .20 share price imo.

200 x $100 per barrel = $20,000 per day gross

$20,000 per day gross X 360 = $7.2 mill per year gross

$7.2 mill per year / half = $3.6 mill per year net

$3.6 mill per year net / 280,000,000 shares = .013 cents per share net (current OS)

.013 cents per share times 15+ PE = .20 cents per share.

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