Argoz I appreciate your effort at the calculations but I prefer a simpler way.
Value in ground over the number of shares outstanding. Take off from that 30-35 percent for royalties, and that is what I consider the share price could be.

By your numbers we have $96 per share, minus what the govermnent takes we still have about 60$. Either way a very healthy number and makes one wonder what are people thinking when they part with these shares for 0.57C$.

And Priggly the people around Obama are fairly intelligent but their backs are against the wall so they are out of alternative methods to react to the situation. They have to go to socialism because they mismanaged the capitalism. ( There is a sick joke here.) And the present cash disbursements are only slowing the inevitable. Probably two or three trillion more dollars are needed to turn things around, which can not be afforded by the taxpayer, the final victim.