Similar estimates to yours James, If we factor in that BRK...

Similar estimates to yours James,
If we factor in that BRK shares have increased 25% since when the quarterly report was done them we get the below:

		31/03/2023	28/04/2023	% increase
1	BRK Shares share price	0.012	0.015	25%
2	Value of BRK shares	630,000	787,500	25%
3	Cash in bank	10,580,000
4	Profit generated over April 2023		260,000
5	Estimate liquid assets 28/4/2023		11,627,500

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	# shares	684,435,083
1	share price 28/4/2023	0.016
2	Market Cap	10,950,961
3	Liquid assets	11,627,500
4	Market Cap less Liquid assets	-676,539

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Assuming SHE do absolutely nothing and they just let the cash flow in over the next 5 years, this means they wont have any cost's associated with exploration ,travel.. drilling,stimulation of wells. most of the revenue less tax would be profit.
And they took advantage of tax loss carried forward from the NIO days.
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They would have accumulated enough cash to justify a share price of multiples of current share price and that is with them doing nothing and the
Market cap being at cash in the bank..
Imagine if they decided to do nothing and just paid out 50% of the cash flow in dividends ..year after year..what would that do to the share price.
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Now imagine that they do more loans to Thermal oil at 30% return per year..
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If i had the money i would buy the whole company up.