GREY:ENGFF - Post by User
Post by
steadfaston Jun 18, 2010 9:24am
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Post# 17201184
$20 share valuation
$20 share valuationPassport:
I follow your logic. In 2006 Jeff gave an interview advising with $60 Oil, each barrel in the ground
is worth $10. You have indicated a potential of 200M barrels for Lotshi. I believe there are 68M shares
o/s, but to use 100M is probably good by the time oil is found. Thus
200M barrels x $10 div by 100M shares = $20
It is good to have vision and dream.