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Atikwa Resources Inc. V.ATK

An oil and natural gas company


TSXV:ATK - Post by User

Post by funkshow33on Aug 22, 2012 9:50am
244 Views
Post# 20245617

Let's look here at some numbers we know

Let's look here at some numbers we know

250 boe current sale price is 100,000 per flowing boe... so 25,000,000 now we have about 5-6 million in debt and a burn rate of 150,000 a month (ex oil rev.) so let's call it 20 million... divide by 286 million shares. you get 7 cents a share.. our engenerred report values us at 12-15 cents a share so maybe we get 9 cents... not bad if you consider were at 3 cents now.. any thoughts?

 

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