EOY price target, page-16

Based on my comparison to PLS, and running an EBITDA calc right now a direct comparable price is around the $0.50. That said do we have the same confidence as a PLS? What is confidence worth? 10%, 20%. Spot price not moving and everything staying the same I feel like we are within a 20% range of where we should be. We also left a gap at .35 to .36 that will become a target at some point. Probably not what some want to hear but its my own opinion based on my own method of determining company value, DYOR.

If CXO want to give us an early xmas present they can increase production back to the DFS volumes, and even a little more to compensate for the dilution of shares which has occurred. In the meantime lets see where this settles, are the bears still in control of CXO or will we run up based on the ann??