SATURN - BIG DAY COMING It's not like you can actually get a hold of any real volume of shares if you want a stake here.
You can't take a stake in this with out pushing it to 3 bucks and quick. So eamrings is a game changer.
Just grab a calculator and do your own math. Pretend to buy shares in say in surge - comparatively same size.
how many barrels did you get with your percentage of shares. Actually figure out your percentage of the company based on your share count. What percentage of those barrels are yours.
So take a set number and buy whitecap and buy Saturn.
Just see how many more barrels you get when you buy Saturn.
I did this with 2.5 M dollars and I got 51 barrows a day when I bought whitecap. When I bought Saturn I got 254 barrels a day.
I had massive more debt mind you . So what was my percentage of debt based on my share count.
Well what you find out is you owe 5 plus million with Saturn and you have 488 k ! Yes only 488 k debt compared to 5 plus million in Saturn.
However your getting 200 more barrels a day. Anyway.
I agree with I believe PPP I think said. Ifs a play on oil hanging around 80.
I think we are sitting pretty here becsuse what I see is China is keeping a floor witch to me is better than a spike. A spike in price causes over drilling. So this is keeping the floor In place longer and better.
So if we hang around 80 dollar oil. Just do the math.
we are debt free add a year. 3 years. After that you are getting 2 dollars a year. A year in free cash flow.
So that is 14 dollars by year 10.
14 back to us. I assuming the 1.84 of free cash flow currently would be higher because we aren't servicing debt !
So just a guess at that number. Totally guessing.
Anyway. We are about to go to $3.20 to &3.40.
Let's see if I am right. So my call is by end of next week.
Lol.
good luck all.
Craig