GREY:ENGFF - Post by User
Comment by
steadfaston Jan 05, 2011 9:01pm
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Post# 17930693
RE: RE: RE: Lotshi resource estimate 1993
RE: RE: RE: Lotshi resource estimate 1993Passportcheck:
As always, you are right on the mark. I just did a quick calculation in my head:
Say 420 M barrels of oil at Lotshi @ $10 Profit = $4.2B div by 84M shares = $50 per share
I believe there will be 84M shares when one considers the last PP & wts. I hope you are right.