It's a development well so they're targeting a known resource, which takes the majority of the risk out of the drill. Every well is tricky and could encounter lots of snags but the longer timeframe suggests the work is being completed. Hence my confidence.
Lol only 10p has been afforded to Jamaica as I recall. Even then it's an unknown quantity without drilling.
I'm basing my own valuation on how many producing Wells the company will have a share of within 5yrs also expect UOG to be debt free in just over a year.
I've never had a problem regarding the options as I've said before Brian is a qualified accountant which makes him a money man. Companies tend to have higher growth with money men at the helm.
Depends on how long are you planning to hold as the shareprice fluctuations just weed out short term holders.
I'm in here for the long haul at least the next 5yrs. Happy to sit back and watch the company growth with no intention of even selling anything below Cenkos prediction.