RE:Spoule estimate UNRISKED: $ 5 billion market capHiddensecrets wrote: Spoule estimates call for 1 billion barrels of oil.@ net pay of $ 5 each for total market cap of:
$ 5 Billion
Analyst applies a risk of 6% and comes up with a value of $ 334 million or $ 2.50 per share, Spoule puts the risk at 3.3% or $ 165 million.
Jarvie disagress and comes up with 100 billion barrels of oil @ net pay of $ 5 each for market cap of:
$ 500 Billion
He does not apply a risk factor, but if we assume 6% like the analyst did, it would yield a market cap of $ 3 BILLION or,
STOCK PRICE OF: $ 17.96 per share.
So range is anywhere between $ 2.50 per share to $ 17.96 per share based on a 6% risk.
If we put risk like at 25% then it is a $ 125 Billion stock and a $ 75 per share stock.
MPO
Most of us here will become multimillionairs of over $100 million.
God Will Guide that drill, I am convinced of it.
Just hold on to your shares and smile.