RE: Tomco interview13 Sep 2021 15:31
5p is far from fanciful. It would give a market cap of around £80m for a compnay building a 5,000 bopd plant. With oil at $70 and the sand per barrel at a minimum of $30 and a production cost under $20 a barrel £80m is peanuts.
It just need the initial 10% for the land deal to be signed off (next 2 weeks) and it will start.
$80 per barrel profit (inc sand element) x 5000 = $400,000 per DAY. dont even think about the second and third plants, it gets very silly on the numbers.