Post by
oilinvestor2022 on Dec 16, 2022 6:28am
Investment Thesis
If you do the math on a deal going through at a 15% gross overriding royalty it is quite lucrative. 15% of approximately $170,000,000 is what???
$25,500,000 annual revenue!!!!
there is a feasibility study that shows like 46 years mine life. It has been suggested that 100 years is more accurate due to undrilled areas on the claim.
so what is this thing worth??? What maybe 10x or 20x or perhaps more!!!! It's nice to stumble onto these ones..... capitalize this income stream over 100 years!!! WOW!!!! WOW!!!!
now we need the deal finalized!!! Do your own due dilegence and good luck to all!!!
oil investor