The following is a first crude attempt to quantify the various projects mentioned. and arrive at some sort of contribution to the share price
16 of these were sourced from tables in the in the tables in the quarterly. The Oman 2.4 billion barrel field is also included with a basic assumption of 1000 ppm injection. The proposed $20m fee for exclusivity to middle east is not included. Furthermore the Canadian environmental clean up project is not included.
Please note that the total market is much larger than this and that projects are continually coming in.
I estimate the break even quantity of drum sales to be about 7 drums per day at current company size.
The bench top seeking trial category was not calculated. Assumed $5. One can assume $1 and it will not change the bullish picture.
It is noted that a estimated sales price per drum (.76 of a barrel) of US $2000 is assumed based on original company history etc. A lucrative gross profit is also assumed (100% mark up) . A US to $Aud is assumed to be .68c.
In short we have a company that is worth dollars per share and not cents.
All my opinion and based on first pass and first calculation of facts.
Do your own research and consult financial advisor before acting.
FIELD TRIALS Share Project Quantity US Aus Contributiom Price Size Dosage Quantity in drums $ /day $/day gross profit gross profit share price Project Contrib. barrels/ day ppm in Barrells per day per day per year $ $/share Break Even 7 14,000 20,588 10,294 3,397,059 1 China CNPC Dilluent reductionion in 1 well 1.04 38,000 2,000 76 57.76 115,520 169,882 84,941 28,030,588 1.04 2 California 1 Dill reduction + clean up 0.03 1,000 2,000 2 1.52 3,040 4,471 2,235 737,647 0.03 3 Utah 1 and 2 Pour point reduction 0.31 23,000 1,000 23 17.48 34,960 51,412 25,706 8,482,941 0.31 4 Canada 1 Pour point reduction 0.03 2,000 1,000 2 1.52 3,040 4,471 2,235 737,647 0.03 5 Canada 2 Replace butane 0.03 100 wells 500 3 1.9 3,800 5,588 2,794 922,059 0.03 6 Canada Alberta Fown hole 0.03 12,000 500 3 1.9 3,800 5,588 2,794 922,059 0.03 $1.48 LAB AND COMPANY BENCHTOPS 7 Cairn Pour point 2.39 175000 1000 175 133 266,000 391,176 195,588 64,544,118 2.39 8 Columbia 1 red viscocity 0.57 42,000 1,000 42 31.92 63,840 93,882 46,941 15,490,588 0.57 9 Colombia 2 0.03 2,000 1,000 2 1.52 3,040 4,471 2,235 737,647 0.03 10 ADNOC Sludge 0.61 45,000 1,000 45 34.2 68,400 100,588 50,294 16,597,059 0.61 11 Turkmenistan 0.00 12 Nexcen bitumen 1.00 72,000 unquantifed > 1.00 13 ADNOC tank clean 1.00 Large unquantifed > 1.00 14 Oman 4.49 328,767 1,000 329 249.863 499,726 734,891 367,446 121,257,051 4.49 $10.10 BENCH TOP SUCCESS SEEKING FIELD TRIAL(unquantified) 0.00 Project Bench top Result Status 11 California heavy oil -downhole viscocity reduced Field trial proposal submitted > 12 Kuwait oil- downhole viscicity reduced Field trial proposal submitted > 13 Basrah Oil company -pipeline viscocity reduced Field trial proposal submitted > $5.00 14 Basrah Oil company -pipeline Tank Clean Field trial proposal submitted > 15 Chinese major Offshore Pour point reduced Field trial proposal submitted > 16 Gulf of Mexico pipeline liquid ashphaltene and parafin Lab test underway, field trial sought > total bench top Est 5.00 TOTAL $ $ 16.57 TOTAL 16.57
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Cashflow Report
The following is a first crude attempt to quantify the various...
-
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HCD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.425M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 12000000 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 900000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 12000000 | 0.002 |
3 | 9000000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 900000 | 1 |
0.004 | 320006 | 2 |
0.005 | 4235575 | 2 |
0.006 | 1000000 | 1 |
0.007 | 2000000 | 1 |
Last trade - 16.12pm 16/10/2024 (20 minute delay) ? |
Featured News
HCD (ASX) Chart |
Day chart unavailable
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online