9876 you pick it well. up or down tomorrow, page-145

Not touchin this overpriced share ???

Funny line that, we do need a bit of humour in these times.

Overpriced at 26 cents, have you been imbibing certain substances ?

It is unlikely that the wells will dry up overnight or in the coming years.
Lets say they are only producing 5000bopd (probably more)
Even in a falling oil price currently $85us per barel = $127oz dollars per barrel less $20 for quality still at this moment in time =5000 x 107 equals somwhere near $4 Million per week.

So even after the extoritanate tax rate etc according to Ted they still make about $20 - $25 profit per barell.

There should be no more dilution since they are well cashed up.
And they do have their fingers in a few other overseas pies .. but most importantly lots of cash for various options
While the political unrest is somewhat disquitening its a monarchy where they tend to listen to their King when he deems it necessary to give advice.

I have not heard of any terrorist activity that threaten to blow up our installation in the immediate future.

Overpriced at 26 cents.
Like I said the dow may well crash tonight and take CVN with it but I am happy to hold mid - long term at that price

What would you deem a proper price if you have bothered to follow the company.