Its a no lose play with the drilling of the well. They have a current cap now of $200 million, I estimate they will have revenue of about that and will probably start paying dividends in a years time if oil stays at these high levels. My short term target is 20c and 30c in one years time provided oil prices stay strong, this my opinion.
12-8-E More Wells Possible Immediately after A8?, page-10
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