PRM 16.7% 0.5¢ prominence energy limited

Sasanof-1 Target Depth Week Stream, page-330

  1. 1,917 Posts.
    lightbulb Created with Sketch. 655
    Not sure anyone would take that on.

    65% probability to get max 600% return (assuming .002 lowest)

    vs 35% probability to lose 3125% (assuming 25 cent on open)

    reality is I think % are evening up to 50/50 at least at the moment as we've passed some of the probability hurdles.

    I expect end up with around 12TCF for the project which gives PRM 1.5TCF

    1 TCF = 1000 x 1 billion cubic feet of gas - gas price per 1000 cubic feet = $9.54
    1TCF = 9.54 billion revenue
    1.5 TCF = PRM's probably share = 14.31 billion in revenue
    divide by 2 for profit margin of proposed take over $7.31 bill
    divide by 2 for cost margin to get it out $3.65bil
    price per share $1.82 per share on successful take over
    divide by 10 for some other bullshit factors
    $0.18 cents on open lol


 
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