Revised Investor Presentation released today
Epstein Research Paper out today (Not the kid diddler lol)
MUST READ
epsteinresearch.com
Looks like we'll see those contracts sooner than i expected. 2022 will be a nice foundation. And as I previously mentioned and Epstein confirms our sales will fall between 600-2400MCF based on current market conditions.
View attachment 170824
Here's the old projection chart i posted awhile back based on different scenarios. I've to go back and factor the royalties on the raw crude gas which pull off around 30 MCF value and i'm sure there will additional cost down the road for more production facilities. Once the January holes are tested and we have 6 wells worth of data to average instead of 3 i'll be able to dial it in further. This also doesn't factor sales for other rare earth gasses or hydrogen, so perhaps thats an offset.
For now take this as a very loose guide. Average well lifespan is something i have to try and account for in a conservative fashion when its related to revenue multiples. The other major factor missing here is dividends.
Well Count | MCF BASIS | Annual Revenue Per Well | Total Revenue | Revenue 3x | Revenue 7x | Outstanding shares | Price w/3x Revenue Multiple | Price w/7x Revenue Multiple |
70 | 550 | 17,884,000 | 1,251,880,000 | 3,755,640,000 | 8,763,160,000 | 79,463,675 | $47.26 | $110.28 |
60 | 550 | 17,884,000 | 1,073,040,000 | 3,219,120,000 | 7,511,280,000 | 79,463,675 | $40.51 | $94.52 |
50 | 550 | 17,884,000 | 894,200,000 | 2,682,600,000 | 6,259,400,000 | 79,463,675 | $33.76 | $78.77 |
40 | 550 | 17,884,000 | 715,360,000 | 2,146,080,000 | 5,007,520,000 | 79,463,675 | $27.01 | $63.02 |
| | | | | | | | |
70 | 1100 | 35,768,000 | 2,503,760,000 | 7,511,280,000 | 17,526,320,000 | 79,463,675 | $94.52 | $220.56 |
60 | 1100 | 35,768,000 | 2,146,080,000 | 6,438,240,000 | 15,022,560,000 | 79,463,675 | $81.02 | $189.05 |
50 | 1100 | 35,768,000 | 1,788,400,000 | 5,365,200,000 | 12,518,800,000 | 79,463,675 | $67.52 | $157.54 |
40 | 1100 | 35,768,000 | 1,430,720,000 | 4,292,160,000 | 10,015,040,000 | 79,463,675 | $54.01 | $126.03 |
| | | | | | | | |
70 | 1600 | 52,025,600 | 3,641,792,000 | 10,925,376,000 | 25,492,544,000 | 79,463,675 | $137.49 | $320.81 |
60 | 1600 | 52,025,600 | 3,121,536,000 | 9,364,608,000 | 21,850,752,000 | 79,463,675 | $117.85 | $274.98 |
50 | 1600 | 52,025,600 | 2,601,280,000 | 7,803,840,000 | 18,208,960,000 | 79,463,675 | $98.21 | $229.15 |
40 | 1600 | 52,025,600 | 2,081,024,000 | 6,243,072,000 | 14,567,168,000 | 79,463,675 | $78.57 | $183.32 |
| | | | | | | | |
70 | 2100 | 68,283,600 | 4,779,852,000 | 14,339,556,000 | 33,458,964,000 | 79,463,675 | $180.45 | $421.06 |
60 | 2100 | 68,283,600 | 4,097,016,000 | 12,291,048,000 | 28,679,112,000 | 79,463,675 | $154.68 | $360.91 |
50 | 2100 | 68,283,600 | 3,414,180,000 | 10,242,540,000 | 23,899,260,000 | 79,463,675 | $128.90 | $300.76 |
40 | 2100 | 68,283,600 | 2,731,344,000 | 8,194,032,000 | 19,119,408,000 | 79,463,675 | $103.12 | $240.61 |