market cap 26 mil, page-6

""as sandy says ad nauseum let's see what the flow rates are""

you can all me every name under the sun if i'm wrong.

but in my opinion, Bismil will be valued on it's oil production ie: bopd not how many barrels of oil it has in the ground.

if you want examples here are a few

CVN
IPM

the above have oil, but it's heavy and doesn't flow very well

IPM have Selmo Oilfield in Turkey

12mmbls, current market cap approx $83mm which values oil at $6.90bbl.

you'd think if someone had 12mmbls using a discount $40bbl this would equal $480mm not $83mm market cap.

i haven't a clue what the market will deem as a positive flow rate for Bismil ie: 50bopd, 100bopd

both CVN & IPM have flow rates around 100bopd, but are very very undervalued..

at least i'm putting some figures and examples on the table rather than talking up some b.s

regards