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and the small matter of oil going up still, conservstively 50000 barrels per month , @80 is 4 million $ and poss RBL on more favourable terms . Funded . potential Risk minimal, upside huge .
RE: Transformational In The Near Term3 Apr 2023 11:37
Sidney , I'm still gobsmacked that people supposedly invested didn't know the difference between the pipelines and procuring the gas pipe - this is HUGE NEWS
Would be a shame too lose faith when its possibly is all coming together ! Can totally understand LTH's frustration - I've only been here for 9 months or so and it annoys the hell out of me at times ! GLA
If he can get back to 1700 bopd for a start proven, that will be the catalyst . then say 2200-2500bopd , I personally think this will happen very short term . If all 6 produce at 200 bopd , we will be at 3000 bopd before we know it
depends how you value 1 billion barrels of OIP ...... lets go mad at $1 per barrel , do the maths , even with a billion shares..... as has been said many times , SP is massively detached .