Take a look at the numbers and only Somalia using
Post# of 199
Posted On: 04/14/2014 6:37:37 AM
Take a look at the numbers and only Somalia using an ultra conservative approach
There are 500,000,000 shares outstanding, (don't let this scare you, keep reading and you will see why),
Somalia is quoted to have between 2 to 15 billion barrels of oil and across the pod from Saudi Arabia, and so to be conservative I will use only 1 (one) billion barrels in my calculations.
Using just $70 for reference per barrel of oil times, (x) 1 billion = $70 billion.
Divided by 500,000,000 shares = $140 per share, however Kilimajaro has 5% of the $140 =$7 a share.
So for each share bought at less then 2 cents a share the market value should be $7 a share. Right? No wrong!
First - I only used 1 billion barrels of oil.
Second - factor in a price earnings ratio of just 5 to 1 which brings the stock price for each billion barrels to $35.
Third - That $35 fair market price is for only 1 billion barrels of oil now multiply that number by the actual numbers of oil which could be 5 or 10 times that.
Fourth - The above numbers represent only Somalia now add in the other locations.
Now lets look at what an investment will bring for each 1,000 shares purchased.
10,000 shares at $.02 = $200 + commission
10,000 shares x just $35 per share = $350,000.
In reality this investment could make you more then a million dollars depending on your investment and the actual amount of oil.
Good luck!
There are 500,000,000 shares outstanding, (don't let this scare you, keep reading and you will see why),
Somalia is quoted to have between 2 to 15 billion barrels of oil and across the pod from Saudi Arabia, and so to be conservative I will use only 1 (one) billion barrels in my calculations.
Using just $70 for reference per barrel of oil times, (x) 1 billion = $70 billion.
Divided by 500,000,000 shares = $140 per share, however Kilimajaro has 5% of the $140 =$7 a share.
So for each share bought at less then 2 cents a share the market value should be $7 a share. Right? No wrong!
First - I only used 1 billion barrels of oil.
Second - factor in a price earnings ratio of just 5 to 1 which brings the stock price for each billion barrels to $35.
Third - That $35 fair market price is for only 1 billion barrels of oil now multiply that number by the actual numbers of oil which could be 5 or 10 times that.
Fourth - The above numbers represent only Somalia now add in the other locations.
Now lets look at what an investment will bring for each 1,000 shares purchased.
10,000 shares at $.02 = $200 + commission
10,000 shares x just $35 per share = $350,000.
In reality this investment could make you more then a million dollars depending on your investment and the actual amount of oil.
Good luck!
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