who said by years end. I’m saying right now fair value is 15-20 cents that’s fact and leading into appraisal it will run on FOMO and with a 90 percent success rate with new well design and largest discovery in more than a decade on conservative 126 million barrels you have north of 50 cents on this.
Never ever said by years end because this is running now because valuation should be 3 times the factor right now on fair value when Alameda permits and approvals all ticked off and construction of pad has begun together with preparation back in November with trucks, tanks and infrastructure all good to go for production. This was always an “appraisal delayed” as the CEO stated. Like I said before will not stop running until it’s at fair value
May Chart, page-4362
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