$XNRG$ CEO HINTED TO A HUUUUUUUUGE DEAL IN THE WORKS IN HIS Q AND A WITH SHAREHOLDERS ON FRIDAY TICK TOCK!!
Ok all i will try and break this down so maybe it will sink in on how huge this really is for $$XNRG$$
IMO JERRY WAS OVERLY CAUTIOUS IN HIS USE OF SAFE HARBOR AND STATEMENTS BECAUSE HE IS A STRAIGHT SHOOTER AND WANTS ALL DISCLOSED CORRECTLY!!
Lets check out the question first!!!
Question, Post #8: I was wondering if you can expand on how Xun Energy plans to finance the start-up capital necessary for the 50% Joint Venture (JV002) and the SPA for the 8,450,000 metric tons of Aviation Jet Fuel FOB Rotterdam (JV003) and if there is any progress on obtaining this financing.
Response, Post #8: The Company developed a business model which was presented to potential financiers. A negotiation process entailed resulting in commitments issued by the financiers subject to conditions being met. The amount of funding the financier is required to commit varies from contract to contract and in all cases is not for the entire 12 or 13 month contract. The financial commitment is usually for the first lift (trial) which may not be indicative of the monthly contract delivery or for one full month delivery of the contract. As disclosed in the 10-K, the Company has financial commitments for JV002 and has financial commitments for 20% of JV003, both subject to conditions that must be met by the Company. Due to confidentiality agreements between the Company and the financiers, we are prohibited from discussing the terms and conditions or the amount of financing. The Company relies on Rule 406 under the Securities Act of 1933 ("Securities Act"
and Rule 24b-2 under the Securities Exchange Act of 1934 ("Exchange Act" , link: http://www.sec.gov/interps/legal/slbcf1r.htm.
DISCLAIMER: SUBJECT TO SAFE HARBOR CLAUSE.
THERE CAN BE NO ASSURANCE THAT THE COMPANY WILL CLOSE ON THE FUNDING OF JV002. THERE CAN BE NO ASSURANCE THAT JV002 WILL BE ABLE TO SELL THE AVIATION JET FUEL SHOULD IT BE SUCCESSFUL IN OBTAINING FINANCING FOR THE AVIATION JET FUEL. EVEN IF JV002 WAS SUCCESSFUL IN SELLING THE AVIATION JET FUEL, THERE CAN BE NO ASSURANCE THAT THE SALE OF THE AVIATION JET FUEL WILL BE PROFITABLE OR THAT THE COMPANY WILL BE ABLE TO GENERATE SUFFICIENT REVENUES TO OPERATE PROFITABLY.
THERE CAN BE NO ASSURANCE THAT JV003 WILL BE ABLE TO OBTAIN THE REMAINING 80% FINANCING REQUIRED TO PURCHASE THE 8.54 MILLION METRIC TONS OF AVIATION JET FUEL. THERE CAN BE NO ASSURANCE THAT JV003 WILL BE ABLE TO SELL THE AVIATION JET FUEL SHOULD IT BE SUCCESSFUL IN OBTAINING FINANCING FOR THE AVIATION JET FUEL. EVEN IF JV003 WAS SUCCESSFUL IN SELLING THE AVIATION JET FUEL, THERE CAN BE NO ASSURANCE THAT THE SALE OF THE AVIATION JET FUEL WILL BE PROFITABLE OR THAT THE COMPANY WILL BE ABLE TO GENERATE SUFFICIENT REVENUES TO OPERATE PROFITABLY.(SAFE HARBOR CLAUSES ARE BECAUSE NOT COMPLETED YET BUT DOES NOT MEAN NOT IN PROCESS!!!)
NOW LET US LOOK AT THE NUMBERS BELOW!!!
8,450,000 X 8 = 67.6mil barrels!!
67,600,000(BARRELS) X $116(BARREL)=$7,841,600,000(YES THAT IS BILLIONS)
NOW LETS SEE WHAT THE PROFIT MARGIN COULD BE!!!
LETS SAY THE CONTRACT IS SET AT $116 BARREL LOCKED BUT LETS SAY THAT XUN AND THE FINANCIER PAYS ONLY $100 BARREL !!
$7,841,600,000 BUYER TO PAY AT $116BARREL
NOW XUN AND FINANCIER PAY FOR IT AT $100BARREL(HYPOTHETICALLY)
$6,760,000,000 TOTAL PAID FOR SAID JET FUEL!!
$7,841,600,000-
$6,760,000,000=
$1,081,600,000 OVER A 12 TO 13 MONTH CONTRACT OF COURSE
SO THEN AT SAID 50% PROFIT SPLIT WITH FINANCIER THAT SHOULD EQUATE TO DRUM ROLL PLEASE!!!!!!
=$540,800,000 FOR ONE DEAL AND COMPANY HAS MULTIPLE IN THE WORKS
NOW $540,800,000/12MONTHS =$45,066,666 A MONTH
NUMBERS ARE ONLY ESTIMATES BUT CANNOT BE TOO FAR OFF IMO!!
NOW THAT IS HUUUUUUUUUUUUUGE TO ME NOT GOING ANYWHERE FOLKS GONNA BE RICH $$XNRG$$
Ok all i will try and break this down so maybe it will sink in on how huge this really is for $$XNRG$$
IMO JERRY WAS OVERLY CAUTIOUS IN HIS USE OF SAFE HARBOR AND STATEMENTS BECAUSE HE IS A STRAIGHT SHOOTER AND WANTS ALL DISCLOSED CORRECTLY!!
Lets check out the question first!!!
Question, Post #8: I was wondering if you can expand on how Xun Energy plans to finance the start-up capital necessary for the 50% Joint Venture (JV002) and the SPA for the 8,450,000 metric tons of Aviation Jet Fuel FOB Rotterdam (JV003) and if there is any progress on obtaining this financing.
Response, Post #8: The Company developed a business model which was presented to potential financiers. A negotiation process entailed resulting in commitments issued by the financiers subject to conditions being met. The amount of funding the financier is required to commit varies from contract to contract and in all cases is not for the entire 12 or 13 month contract. The financial commitment is usually for the first lift (trial) which may not be indicative of the monthly contract delivery or for one full month delivery of the contract. As disclosed in the 10-K, the Company has financial commitments for JV002 and has financial commitments for 20% of JV003, both subject to conditions that must be met by the Company. Due to confidentiality agreements between the Company and the financiers, we are prohibited from discussing the terms and conditions or the amount of financing. The Company relies on Rule 406 under the Securities Act of 1933 ("Securities Act"
and Rule 24b-2 under the Securities Exchange Act of 1934 ("Exchange Act" , link: http://www.sec.gov/interps/legal/slbcf1r.htm. DISCLAIMER: SUBJECT TO SAFE HARBOR CLAUSE.
THERE CAN BE NO ASSURANCE THAT THE COMPANY WILL CLOSE ON THE FUNDING OF JV002. THERE CAN BE NO ASSURANCE THAT JV002 WILL BE ABLE TO SELL THE AVIATION JET FUEL SHOULD IT BE SUCCESSFUL IN OBTAINING FINANCING FOR THE AVIATION JET FUEL. EVEN IF JV002 WAS SUCCESSFUL IN SELLING THE AVIATION JET FUEL, THERE CAN BE NO ASSURANCE THAT THE SALE OF THE AVIATION JET FUEL WILL BE PROFITABLE OR THAT THE COMPANY WILL BE ABLE TO GENERATE SUFFICIENT REVENUES TO OPERATE PROFITABLY.
THERE CAN BE NO ASSURANCE THAT JV003 WILL BE ABLE TO OBTAIN THE REMAINING 80% FINANCING REQUIRED TO PURCHASE THE 8.54 MILLION METRIC TONS OF AVIATION JET FUEL. THERE CAN BE NO ASSURANCE THAT JV003 WILL BE ABLE TO SELL THE AVIATION JET FUEL SHOULD IT BE SUCCESSFUL IN OBTAINING FINANCING FOR THE AVIATION JET FUEL. EVEN IF JV003 WAS SUCCESSFUL IN SELLING THE AVIATION JET FUEL, THERE CAN BE NO ASSURANCE THAT THE SALE OF THE AVIATION JET FUEL WILL BE PROFITABLE OR THAT THE COMPANY WILL BE ABLE TO GENERATE SUFFICIENT REVENUES TO OPERATE PROFITABLY.(SAFE HARBOR CLAUSES ARE BECAUSE NOT COMPLETED YET BUT DOES NOT MEAN NOT IN PROCESS!!!)
NOW LET US LOOK AT THE NUMBERS BELOW!!!
8,450,000 X 8 = 67.6mil barrels!!
67,600,000(BARRELS) X $116(BARREL)=$7,841,600,000(YES THAT IS BILLIONS)
NOW LETS SEE WHAT THE PROFIT MARGIN COULD BE!!!
LETS SAY THE CONTRACT IS SET AT $116 BARREL LOCKED BUT LETS SAY THAT XUN AND THE FINANCIER PAYS ONLY $100 BARREL !!
$7,841,600,000 BUYER TO PAY AT $116BARREL
NOW XUN AND FINANCIER PAY FOR IT AT $100BARREL(HYPOTHETICALLY)
$6,760,000,000 TOTAL PAID FOR SAID JET FUEL!!
$7,841,600,000-
$6,760,000,000=
$1,081,600,000 OVER A 12 TO 13 MONTH CONTRACT OF COURSE
SO THEN AT SAID 50% PROFIT SPLIT WITH FINANCIER THAT SHOULD EQUATE TO DRUM ROLL PLEASE!!!!!!
=$540,800,000 FOR ONE DEAL AND COMPANY HAS MULTIPLE IN THE WORKS
NOW $540,800,000/12MONTHS =$45,066,666 A MONTH
NUMBERS ARE ONLY ESTIMATES BUT CANNOT BE TOO FAR OFF IMO!!
NOW THAT IS HUUUUUUUUUUUUUGE TO ME NOT GOING ANYWHERE FOLKS GONNA BE RICH $$XNRG$$
Xun Energy Inc. (XNRG) Stock Research Links
