gutfeeling
Well done to those that were in this ahead of the rise. But, I had done a very similar analysis to you gutfeel. My highest valuation was around $2.50 but it all depends on the producibility of the oil (i.e. what % of the in-ground resource becomes reserves). It may well go higher on enthusiasm and as more information comes to light.
H
8 to 10 dollar stock, page-9
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