. fully diluted trading at a tad over 1 times cash flow ROK Resources .Trading at a tad over 1 times cash flow assuming all options,warrants exercised.
Do the math...Basic shares 187.9 mm current share count
Warrants 141.3 mm assuming all exercised
Options 17.1 mm assuming all excecised.
Potential share count (rounded out to 350 million shares)
2022 Cash flow.. $70 million (This is my estimate)
(Manegment estimates $67 million)
Equals .20 cents per share
2022 forecast assumes strip pricing on unhedged oil and gas and averaged hedged oil and gas pricing
of US$104.42/bbl and $4.58/mmbtu. Refer to hedging disclosures for further information.