QS Energy Inc (QSEP)

[moorea9]

Sorry, some text was missing :

This is how I read this most important line :
Improved flow@ 7.5% 0.5625 0.84375 1.125

first figure of 0.5625 is for smallest pipeline (500,000 barrel/day)
0.5625 Million $ per day for STWA comes from operator revenue 7,5 M$/day per 7,5% improved flow
then you multiply it by 10% to have STWA share
then you multiply it by 365 days = 20.5 Million $ per year
P/E ratio = 10 so market cap is 205 so price per share is 1

SO 1 PIPELINE = PPS of 1$
7 PIPELINE = PPS of 7$

My only question is the 15$ revenue per barrel for operator, as Alkaline has written 4$/barrel in a previous study. Can you elaborate , please ?

New name account are additional so that make it 7 customers by 2017.

So price per share would be between 7.2 and 14.4 by 2017 depending on average size of pipeline

That's conservative and reasonable.