shrewd crude report valuation, page-4

dude dude...
60million cap into 11 billion cap...
thats 183 baggers at current market cap...
or $14.48 per share...
assuming maximum upside, and no tax....
maybe just aim for 100 bagger

but remember, it takes 20 years until our first wells are depleted (asumming 20 years of producton)... so add another 10 years for a scaled development, and another 10 years, 20 years for a full scaled developement... so I guess 40 to 50 years to realise these full returns...
hummm... yummy...

Small oil turn big oil...

.^sc