do management want to get share issue away ?, page-14

by the end of 2013 the BOPD will be 5000

so 2014 minimum sales revenue for oil will be $180 mill

eric said he expected to carry 100 mill cash in dec 2013 a few weeks back

so if you take off the $100 mill cash from the market cap of $380 mill, and factor in the $180 mill oil sales revenue, the market doesnt give much value for the 3 oil fields at all imho

asset value is given as next to nothing

bwtfdik


all imho dyor..