RRS 0.00% 0.1¢ range resources limited

barrels per day, page-9

  1. 27,851 Posts.
    lightbulb Created with Sketch. 3379
    if you use 30k per day to rrs,

    30,000x100x365=1.1 billion earnings.

    PE say 9 to keep it simple puts at target MC of 9x1.1=10 billion.

    Thats a 10 billion dollar mc target.

    So, thats what i call blue sky.

    Of course, Rupert will show up and remind us all that we need to survive the next revolution etc, or pirate attack, before that can eventuate.

    But yes, thats why I hold, the rewards are astronomical.

    cheers
 
watchlist Created with Sketch. Add RRS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.