That has many factors associated with it. Let's wait to find out the yield capacity of the well before we go nuts and yell "almost 3 pennies per well". let's keep it grounded a little bit.
Facts: They have a well drilled. They decided to proceed on it.
Other than that, it is pure speculation. Let's hope for a good yield and that the price of oil stays where it is or higher and we'll have us a grand ol' time.
If all your calculations are believable, why are we trading at this low level? I think that we are undervalued here but I do not know by how much. I am disappointed with the shre price performance since tha run late on Tuesday.
...then that would equate to ZLUS trading at an exponential monthly growth rate below...
.028 x 3 wells per month = .084 for 3 wells .028 x 4 wells per month = .112 for 4 wells
This means that ZLUS would exponentially grow at a monthly rate added to its share price of either .084 or .112 until it reaches $1.68 per share.
Now of course this is all theoretically speaking as they will simply need to first announce their wells "officially" and announce them having oil. From the post below, courtesy of Prince Mishkin, we have proof that drilling has commenced and that ZLUS has struck oil: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58454003
We are only waiting for the “official” announcement.
My bet is that ZLUS will prove to have lots of oil. Look for some major updates as from what we all have been told by the company to be released the week of 3 Jan 2011. Considering that tomorrow is the last day of the week for such time frame and the news has not been released yet… I would have to guess that there will be many eyes on ZLUS now and in the short, mid, and long terms.
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