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NDOL : 300% revenue increase, calling *0.47
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[QUOTE]Originally posted by chewy: [QB] [QUOTE]Originally posted by Purl Gurl: [qb] "Probable Reserves" Danger Will Robinson! Interesting number crunching, "Intangible Assets (Reserves/ Options/ Licenses) 99,402,604" Proven reserves: 36,750,000 + 171,402,000 __________ 208,152,000 barrels Value at $65.00 per barrel: 208,152,000 X 65.00 ___________ $13,529,880,000 ** Prior news claims 99 million in "reserves" and current news, at $65.00 per barrel, claims over 13 billion in reserves. Purl Gurl [/qb][/QUOTE]Yeah, this is why it's says probable reserve. First they release a new about they're estimate reserve which was about 10+ billion. After they release a new on the current reserves which was about 99 millions. Which make sense to me since this is what stock holder asked for. Now they reestimate the probable stock they have and its 16 billions. What is wrong with that? and where is the number crash.. no were... thanks. Now im happy with these number, and stock holder should be. [/QB][/QUOTE]
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