It’s almost a guarantee that by this time next year MAY will be producing 5000bopd and with 7 wells per year by end of 2027 realistically MAY should be producing 20,000 bpd by then. That’s $1.6B at $80. $400M nett to MAY. $2-4B mcap $1 per share. And this is all just upper sheet U1B.
Wait til they open up Marti that will make a $2 sp
Then there is 1A and the rest of block 9. In 5 years with a pipeline long commissioned 20,000 bpd from block 9 will sound like a joke. I’d say 50k-100kbpd is more realistic
Lovin it
Ann: Annual Report to shareholders, page-21
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3.3¢ |
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Mkt cap ! $111.2M | |||
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