time to move off the ASK now MR Chipper and lets g
Post# of 25327
time to move off the ASK now MR Chipper and lets get this done better then last months flop.
Kaboom booom Twin Tsunami Alert Friday on YTRV and FIMA
Huge runs on Monday on Both now.
here comes the .005 today
Jan 4, 2013 | FIMA Announces Negotiations to Acquire a Privately Owned Oil and Gas Exploration Company for $9 Million USD |
Dec 20, 2012 | Fima Announces Entering Into a Purchase Agreement for the Purchase of a Drilling Rig for $275,000 |
FIMA Security Details
Share Structure
Market Value 1 | $851,393 | a/o Jan 30, 2013 |
Shares Outstanding | 274,642,820 | a/o Sep 30, 2012 |
Float | 85,325,820 | a/o Dec 20, 2012 |
Authorized Shares | 300,000,000 | a/o Sep 30, 2012 |
Par Value | 0.001 |
Many appreciate the due diligence (DD) that you and all have been posting. This acquisition is scheduled to close any day now up through the first week of Feb 2013 time frame based on what the company has informed investors. With this last release of news from FIMA to acquire over 300 wellbores to possibly generate over 1000 barrels of oil per day (BOPD), consider why FIMA could ”potentially” trade in the .16+ per share price range considering the variables below to derive a fundamental valuation for FIMA if this deal closes:
Quote:
Key FIMA Variables to Consider:
** Price of oil = $97.99 per barrel
http://www.oil-price.net/
** 1000 BOPD from 300 wellboress
** Presume worst case scenario OS to be maxed AS to be 300,000,000 shares
** Net Profit Margin for the Oil & Gas Drilling & Exploration Industry = 10.70%
** Price to Earnings (P/E) Ratio for the Oil & Gas Drilling & Exploration Industry = 12.8
http://biz.yahoo.com/p/123conameu.html
** EPS = Earnings Per Share
$97.99 x 1000 BOPD = $97,990 per day
$97,990 per day x 30 days = $2,939,700 per month
$2,939,700 per month x 12 months = $35,276,400 per year
$35,276,400 per year x .1070 Net Profit Margin = $3,774,574 Net Profit
$3,774,574 Net Profit ÷ 300,000,000 Maxed OS = .0126 EPS
.0126 EPS x 12.8 P/E Ratio = .1612 per share valuation
Here’s what this ”potentially” means for FIMA… This means that FIMA could ”Fundamentally” be worth .1612 per share at a minimum based on this acquisition alone. I say at a minimum because this is only considering one facet of the company. FIMA also has Mining Projects and Land Development Projects as indicated below that looks to be of some value too:
Mining -- Los Mates Project
http://fimadevelopmentinc.com/development/mining
Land development -- Villas Vista Delfines, FIMA Court, Sales
http://fimadevelopmentinc.com/development/lan...t/projects
http://fimadevelopmentinc.com/development/lan...projects/2
http://fimadevelopmentinc.com/development/lan...projects/3
http://fimadevelopmentinc.com/development/lan...ment/sales
Featured article: (Source: MSNBC)
http://www.nbcnews.com/id/13941226/#.UQn6CR3C2So
http://fimadevelopmentinc.com/development/lan...jects style="font-family: Arial, Helvetica, sans-serif; font-size: 15px;">
v/r
Sterling