The "1 barrel per day" calculations are for nothing more than illustrative purposes...so that when they come back for example with flow rates of say 20bbls/d, it is a quick and easy process to work out likely proifitability.
lol...I reckon even KB could work that one out?
It is an interesting excercise however and one wonders why they did not put in say a 20, or even 50 barrel example?
A synic migh even suggest management are putting painting a negative image here on purpose...which, when taken in light of the directors selling, may not be too far off the mark?
Doesn't smell too good when management "manage" their stock in such a way...what about their loyal shgreholders?
Of course, I am not saying this in in fact going on...we simply do not know this?
A bit smelly though.
Cheers!
WGP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held