Not sure anyone would take that on.
65% probability to get max 600% return (assuming .002 lowest)
vs 35% probability to lose 3125% (assuming 25 cent on open)
reality is I think % are evening up to 50/50 at least at the moment as we've passed some of the probability hurdles.
I expect end up with around 12TCF for the project which gives PRM 1.5TCF
1 TCF = 1000 x 1 billion cubic feet of gas - gas price per 1000 cubic feet = $9.54
1TCF = 9.54 billion revenue
1.5 TCF = PRM's probably share = 14.31 billion in revenue
divide by 2 for profit margin of proposed take over $7.31 bill
divide by 2 for cost margin to get it out $3.65bil
price per share $1.82 per share on successful take over
divide by 10 for some other bullshit factors
$0.18 cents on open lol
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