Once again ppl have to understand that this is oil farming. Each well adds to the stable and increases the cash flow.
Therefore even 50bopd would be fine for the latest well, however the flow rate sounded more like 50Bop/hour - in any case we will see soon enough.
BTW, you can also look at it another way - MC is now $24M, thats with several $M of production cash flow, therefore even at todays sp, WGP is probably undervalued.
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Once again ppl have to understand that this is oil farming. Each...
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
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