price of sea 2.0, page-5

Whynot and Others

I think we have to remember that the increased market cap is cash only at this stage and is earmarked for wells and as such will decrease when drawn down. The production from this land holding will be gone with the sale so we have to wait and SEA what the next couple of months production figures bring. They should be good Im thinking. Im very positive about SEA. So long as the board meets its own production level for this year which is 2500boe/pd. If it doesnt the market wont like it.
So as I said im positive for this company, the only stumbling blocks I see are 2500bod/pd this year and of course the damn EU. Ok Im still watching and waiting to get back in SEA and AUT.

Good Luck
MM