PFC down to 92 cents
user fattail from stockhouse posts this
To me this seems like a no brainer!
Let me see if I have this right:
After PP we will have ~80M shares o/s @$1 for a $80M mkt cap
This gets us 35% of $230M in capex or ~$80M
So we basically get for free
1) 35% of the sunk costs or $37M
2) 100% financing
3) 100% of 2012 & 2013 earnings
4) 75% of 2014 & 2015 earnings
5) 50% of 2016 earnings
6) 35% on earnings thereafter on this tiny prospective recoverable oil resource of 27.5 billion barrels
Amazing!
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Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.38M |
Open | High | Low | Value | Volume |
3.6¢ | 3.7¢ | 3.6¢ | $4.819K | 131.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 165273 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 4035 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1126228 | 0.035 |
4 | 566700 | 0.033 |
4 | 2960890 | 0.032 |
4 | 1493450 | 0.031 |
2 | 595934 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 4035 | 1 |
0.039 | 100000 | 1 |
0.040 | 250750 | 1 |
0.041 | 309578 | 1 |
0.044 | 13333 | 1 |
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