RE:Educated guess...Take a stab at educated guess on Ricochet overall value if a deal ever happens.
I actually have one decent data point...Arc sold for 100m to Ric July 2021..that I know
So I get a value of 180-230M...call it 200M with 180-230 total range.
Logic is I think have to adjust the 100m Rico paid with a premium for oil prices as they were like 71 in july 2021 after being in mid 60 s a few months before.
And 60M range adjustment for capital Rico has invested after buying it in drilling.
100 M Rico paid
+30-40M for oil prices premium short term curve
+50-60M for Rico 2022 and 2023 drilling program.
equals 200m guess.
Then if it is 20m shares...140m in shares and 60m in cash. 60m cash in 20m payments over next 3 quarters and more oil is hedged in 2024 to guartanee these payments.