Silk Energy Ltd SLKEF

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Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the Republic of Kazakhstan.

GREY:SLKEF - Post by User

Silk Energy Ltd

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Post by Vanchesteron Sep 22, 2010 9:11pm

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Post# 17481624

cleaning up the computer

and I came upon this table. It was taking drillbit's estimate of share price vs nickel except I divided his total by 50. And they laughed at my numbers.......

I haven't posted this estimate for a while so just to keep peoples eyes on the prize. Factored as 1/50th of drillbit's since he is not looking at what is economical, in my opinion.

	Darcel 2007	Darcel 2007 X 2	Darcel 2007 X 3
Nickel	3.5 M lbs	7.0 M lbs	10.5 M lbs
usd/lb	Nickel	Nickel	Nickel
$8.00	0.19	0.38	0.57
$8.25	0.19	0.39	0.58
$8.50	0.20	0.40	0.60
$8.75	0.21	0.41	0.62
$9.00	0.21	0.42	0.64
$9.25	0.22	0.44	0.65
$9.50	0.22	0.45	0.67
$9.75	0.23	0.46	0.69
$10.00	0.24	0.47	0.71