SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31, -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (209)8/29/2005 2:42:30 PM
From: tsigprofit  Respond to of 1694
 
AMVS - I'll put this in as possible 10 bagger. I own it.
I believe it's at 5 cents today.

more info on this thread:
Subject 55893

thanks,
t



To: Fiscally Conservative who wrote (209)8/30/2005 10:41:40 AM
From: SOROS  Read Replies (1) | Respond to of 1694
 
Message 21642979



To: Fiscally Conservative who wrote (209)9/5/2005 11:08:23 PM
From: SOROS  Read Replies (3) | Respond to of 1694
 
"Overnight" is a relative term. Let's say this first project is a large part of that $50 million figure that has been thrown about. With that in mind, and from the last release we can assume that pumping oil will come sooner rather than later, why would the government offer these terms:

"FPI-Sahara is entitled to 100% of incremental oil for a field until FPI-Sahara has been paid 215% times the sum of (i) the minimum funds committed for the field and (ii) all other amounts expended as petroleum operations expenditures. Then, FPI-Sahara is entitled to 75% of incremental oil for 60 months, and then 50% of incremental oil. The term of the Development Agreement is 20 years."

Let's take 25 million to get things up and running. Payback of 100% until $53.75 million is in the EFCR coffers within an undisclosed period of time. Then, 75% of what is coming out for next 5 years. Then 50% for next 15 years minus the undisclosed initial time period. Debts will be cleared easily with majority going to the bottom line.

No way to know, but I'd say the government wants to begin getting a portion pretty soon, so to make that initial plateau of $53.75 million let's call it 3-6 months. If 6 months, that is about $298,611 in oil per day (keep in mind the initial $25 million figure is completely made up and a guess, but let's be positive, eh?). That's about 4500 barrels per day.

Right now market cap of about 14 million. Let's assign a fair price and PE with $50+ million in the bank and $223,958 coming per day for the next 5 years, and then $149,305 coming per day for the next 14.5 years.

Now let's consider this is the FIRST property. Imagine investing the profits and leveraging multiple sites. Income quickly can skyrocket to that of a MAJOR SIZE company.

"The seven fields are just the beginning of our investment in Ukraine," said Alexander. "Ukraine has offered and we have accepted the responsibility to rehabilitate as many fields as we can. We intend to move as rapidly as possible, after a thorough evaluation by our technical team headed by Dr. James C. Howard, to assume control of as many qualified fields as NaftoGas Ukraine offers to turn over."

"Since most of these fields have been producing oil and gas for some time, we don't anticipate any delays at this time in getting the preliminary evaluation and work programs finished and approved."

"The Ukraine effort to become energy independent is something we in America can understand. Firecreek looks forward to working with the Energy Independence Committee and the government. Chairman Bisultanov's leadership in Ukraine as well as Kazakhstan, Russia and Turkey is extraordinary. All of us with EGPI/Firecreek salute him for his efforts and success."

Project #2 -- "There is more than 1,700,000 acres in this block that is considered one of the most promising oil and gas developmental areas in Kazakhstan."

I realize this is hypothesizing, but even at drastically reduced figures, this could run to many, many, many multiples from where we are now, and eventually become one of those companies with the right people, the right contacts, the right property . . . can you say AMEX or even better?

Sure it's a rosy picture, but I've used all my green paint to compose it. If I can find some more green paper soon, it's going in because I think the rest of the investment community is about to see the puzzle pieces I have been seeing all along.

I remain,

SOROS