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GEV 15.0¢

Fund Breakeven Point Prediction - Anyone?

  1. Was wondering if there's anyone out there smarter than myself and bored enough to work out basically how many barrel of oil we need to produce over 3 years for the Fund to breakeven.

    Suppose;
    1. They are legit
    2. All $50mil to be invested
    3. A conservative average oil price

    Take that BOPD with TTE's % of each lease, what would that TTE's share price?

    If they are legit and they have done some serious due diligence and they at least achieve a breakeven point, can we get an approximate SP for TTE?

    I understand there are many factors but just a thought?

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