Was wondering if there's anyone out there smarter than myself and bored enough to work out basically how many barrel of oil we need to produce over 3 years for the Fund to breakeven.
Suppose;
1. They are legit
2. All $50mil to be invested
3. A conservative average oil price
Take that BOPD with TTE's % of each lease, what would that TTE's share price?
If they are legit and they have done some serious due diligence and they at least achieve a breakeven point, can we get an approximate SP for TTE?
I understand there are many factors but just a thought?
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