Current market cap around $70 million based upon US bid of around .11-that being said sdcjf is worth based upon p1 around .30US..
Would management sell down here we can only hope that they are not forced to do so.
The company within balance sheet does not value p2 or p3 at all.
The industry is a mess because of the animal's in the ME. They kill us with bullet and this is
the best war- not a shot fired aend countries inside of OPEC and out are being destroyed by their greed. The banks have a 3 trillion exposure to oil and gas debt- if price continue to falter look out below, because it affect the whole world and the economies of the world.
If these animal's had a brain they would think! If we curb production and oil moved back to 60 -we could sell 1 barrel of our crap instead of 2 barrels at 30
They are too stupid and Iran is the worst. We had the second leg down when the creature in the WH gave everything + the kitchen sink to do a Nuclear deal with the most terrorist state in the world.
They don't care and will pump and pump some more.
Cannot blame sea- it remains out of their control
We need to make thru april and may before driving season starts. Very weak market for crude
during the couple of months
Current market cap around $70 million based upon US bid of...
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