I like those sort of numbers Tretch and seems quite realistic.So...

I like those sort of numbers Tretch and seems quite realistic.

So potentially netting $50m per rig and say 500 rigs! lol

ok..say we build 4 a year so in year 2 we have 5 rigs doing same we are suddenly earning $250m pa. in 2 years time. So if we apply a conservative price to earnings ratio of 4 time earnings then we get a market cap of 1 billion.

Lets say we need to double our script to get finance from a big kuhuna.

So roughly 300m share on issue.

$3.33 share price?

ok...BOE and rough calcs but like you say...lets get drilling! and building more rigs!