Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-191

You mean pump out Tar at 1000 barrels a day

To the geniuses that say they will be producing/trucking 1000 barrels per day. 70 USD dollars a barrel meaning 70k per day. In a year 25 million

Now from the 25 million they own 30 percent. They make 7 million dollars revenue a year and losing 20-30 million in cash a year and are a 120 million market cap and burning cash. Please BRK is a 40 million market cap and makes 50 million in annual revenue and makes 10 million in profit and still 40 million market cap. This is actually worth around 2.5 cents a stock which marks it a 70 million market cap with the cash it has until it burns it next drill next year. Still needs to raise money though as it’s back payment won’t be recieved anytime soon and they have no cash left after this failed drill