Bloody amazing summary VGOC tells you why this is not a IVZ or 88e and why 1 zone has a greater than 86 percent geological success rate.
Your 5 billion dollar profit on forward PE of 6 puts this around a 25-30 billion dollar cap eventually when production begins to ramp up. That’s around $10 dollars a stock but will be taken out at $2-$3 dollars once they appraise coming wells. The biggest boys won’t let them keep getting bigger as they appraise more oil
Amistad Units - Overview, Resource Cases & A$/S Estimates, page-2
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Mkt cap ! $101.1M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.1¢ | 2.8¢ | $279.0K | 9.416M |
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| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2296638 | 2.9¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 129004 | 1 |
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