crystal balls?, page-17

Freeway,

What I, you, the market, and anyone else rates a reasonable MC on known factors of CTRs potential in current producing and future wells at whatever rates they flow will be all different. Whatever formula we each use or think will be different.

No I did not say anything to the point of where the MC should be. Unfortunately with pre released news it is usually factored into the current market price before it happens and does not receive the full attention to its worth when it does happen. You might get a pip or 2 but not the full cents worth, if you can understand me way of thinking.

I agree for what we have in the bag already and of future events the SP should be better but by how much.?? It is undervalued and a proven oil reserves will boost this. Some say uncertainty about this and that but what do you believe in reasons for and against again is different to everybody elses. One eye open , one shut or are both open or closed is how it is all perceived to what value.

Unless you have all the facts of proven reserves etc , production rates at that time you can only guess what its worth but you also need sales outgoing and what are they ATM, can that be factored in.???