This is the base case Co2 injection translated into revenue projections using $100 oil as an assumptions
$32M Market Cap gets you $189M in Year 3 and $1.4B over 12 years
Or to put it so small punters can understand. An investment of 32K gets you projected revenue of $1.4M over 12 years.
Or working on profit before tax of say 40% you can expect to make $560K profit on an investment of 32K
thats 17.5 times your initial investment
Yes I know there are kinds of ways we can properly value this etc but Im just pointing out there is allot of value still here and folks will be climbing over themselves to get on it very soon
all of this could be in production in 2 years
ELK Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held