every 99 days

Elk revenue will equal its current market cap

35% of 12,000 barrels per day is 4200 barrels @ 85 that = $357k per day....so every 99 days in 2014 Elk will earn its current market cap

or put another way

attributing $30 to costs ELK will earn $55 x 7m barrels would be around $385 M profit from 2014-2018

Lets say thats generous and we only end up with $300M

This would mean the company could close down and pay us roughly 70c a share each year for 4 years

and people moan about the share price

I dont care IM happy to wait

all a bit of fun :) but its very near literally the truth