Bidding War?, page-8

Why is the SP so low??? There is a good chance of having an ROI of 29% at the current share price.

The company should start to produce 200 barrels per day within the next few months... That equates to at $35 per barrel at revenue of 2.5M USD that is not a bad revenue for a company that is about to start drilling in other jv's.

I believe that the offer from running foxes is undervalued as the know how good a return that they are going to get out of the assets!