Sep. 12 at 2:19 PM
$RECAF Pulling numbers out of my ass I'm estimating 33 MBOE of natural gas (198 billion cf), 33 MBOE of light to medium oil, and 20 MBOE of gas liquids from KW1-X.
This would equate to ~
$4.8B full value MC (
$80 PB). which equates to ~
$11.48 per share taking our 70% using 420M shares outstanding, or for those who want to add in the fully diluted shares (600M) ~
$8 per share.
I think these are very conservative numbers but representative of where we can be in the next few months.