RE: Good times ahead13 Jun 2018 11:52
Johnny, while we all can discuss the quotes of CEO's, it simply comes down to how much oil is in the ground and at what profit it can be sold. For arguments sake, 88e said at USD 50 we would be economical...multiply that by the amount of oil we have and a Mcap of USD 3-4 Billion is not unthinkable. Sure, that will not happen over time but the potential is easily there with the amount of oil we believe to be there.
Monarch