pep11 drilling location announcement, page-39

unsinkable;

I understand you sentiment. I have the same sentiment before. But have to say-- overoptimism.

20c--22c outcome based on MMR $2.2, BPH $0.6, however I donot think if drilling successful, MMR can soar 400%.BPH can soar 800%.

Some technical analysis illustrates the drilling successfule rate could be up to 85%, I agree.

50 billion underground value doesnot mean MMR's MV is $10 billion. If MMR 's MV never over $10 billion, how can you calculate BUY's MC over 1 billion=1.25/share.

so, $2/share is never never possible, donot be fooled .

this is only the first well, it's my view, MMR's SP will be capped at $2.2 if drilling successful. BUY's SP may test 22c, but no more than that.