Replies to post #29679 on Allied Energy Corp (AGYP)

[back2basics]

200 bbl/d!!! Are you serious? 200 bbls is what one of A-gyp's wells was producing years ago!

Do the math. @ a more realistic production number of 5 bbls/day = about .02 / share.

But, hey! Let's say 10 bbls/day. that would be about .04/share.

BTW:

"200 bpd (which I hear is basically the number)"

Where did you hear that?

I mentioned "97% saltwater and that number was challenged.
When I couldn't verify it, I apologized to the board.

Now, where did you get the "200 bopd?"

B2B

[TSCTOlson]

FOLLOW The MONEY... Hold every share in your fingers!

Follow the math people:

200 bpd (which I hear is basically the number) at the current rates of $121 per barrel means the following:

200 x $101 (it costs roughly $20 per barrel to get it out of the ground) = $20,200 per day

$20,200 x 7 = $141,400 per week

$141,400 x 4 = $565,600 per month

$565,600 x 12 = $6,787,200 per year CASH


without the company cancelling a share from the current float meaning restricted and free trade, here is what you have.


$6,787,200 x 10 multiple (which is ultra conservative for a micro cap) = $67,872,000 cash

divide that by 61,775,458 shares = $1.098 PER SHARE VALUATION FOR $AGYP