Replies to post #195616 on PCT Ltd (PCTL)

[gosox12]

re: Using those figures from your post for a market share projection:

Given the presence of 380,000 stripper wells in the U.S. , let's imagine pctl gets a 10% share or 38,000 wells times roughly $2000 per well=$76 million

At 5% of the wells, =19,000 wells x 2000= $38 million. and then think about all the stripper wells in Canada and elsewhere in the world!!!

NOT TOO SHABBY

[Mugwumps88]

So bare in mind that this customer has multiple wells and start thinking about how much revenue this provides us. Then add in the other wells in the midwest and you see the rev stream blossoming. anyone selling for tax losses is really short sited to put it nicely.