Molori Vs Bankers Petrolium performance
I was browsing and noticed that Bankers Petrolium (BKX) sp has been steadily rising. It noticeably had a 100% ($0.20 up) since the annoucement of their fracking program of their 9-2H well well followed by the sucessfu producion of 730 BOEPD from that one well
Presently BKX O/S is 251 million ... compare that to Molori's O/S of 31.5 million.
If you consolidate BKX shares and boil them down to Molori's O/S then you would have an 8:1 reverse plit, which would make BKX sp worth 8x more ...
8 x $0.41 (current BKX sp) = $3.28/sh ... half of that recently added value only came from this 9-2H well alone. So 1/2 of $3.28 = $1.64/sh !!!
Now, who here, in their right mind, thinks for a second that Molori's Red Cave formation wont eventually produce more than a total of 1000 BOEPD, from X amount of wells (my guess 3-5 wells). And they could very well produce multiple 1000s of BOEPD ... but who knows 'til thye frac a few themselves to get concrete initial results.
My personal feeling is that Molori's market value will conservitably grow 3-6x in the mid term, which is not a bad ROI for waiting 1year to 2 years max considering how dedicated and fast pace to company like to execute its work to increase shareholder value.
Right now 34 cent shares are a bargain, a deal, the steal of the century as far as i'm considered knowing what the future holds for the Molori and its shareholders.
This was only one small example of how Molori sp stacks up next ...
DYODD
Cheers!